ASML Holding (NASDAQ:ASML) Shares Purchased by Bray Capital Advisors

Bray Capital Advisors raised its position in shares of ASML Holding (NASDAQ:ASML) by 15.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,611 shares of the semiconductor company’s stock after purchasing an additional 212 shares during the period. Bray Capital Advisors’ holdings in ASML were worth $1,342,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Resources Management Corp CT ADV acquired a new stake in ASML during the second quarter valued at approximately $26,000. Milestone Investment Advisors LLC acquired a new stake in ASML during the third quarter valued at approximately $28,000. Triad Wealth Partners LLC acquired a new stake in ASML during the second quarter valued at approximately $31,000. First Community Trust NA acquired a new stake in ASML during the second quarter valued at approximately $34,000. Finally, POM Investment Strategies LLC acquired a new stake in ASML during the second quarter valued at approximately $36,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 1.1 %

ASML stock opened at $669.47 on Friday. The firm has a market cap of $263.38 billion, a PE ratio of 35.05, a P/E/G ratio of 1.94 and a beta of 1.51. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The firm’s 50 day moving average price is $771.58 and its two-hundred day moving average price is $889.64. ASML Holding has a twelve month low of $633.85 and a twelve month high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, research analysts predict that ASML Holding will post 20.76 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were given a $1.407 dividend. This represents a $5.63 annualized dividend and a yield of 0.84%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio is 29.21%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Sanford C. Bernstein cut their price target on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Wells Fargo & Company cut their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $970.60.

ASML Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.