Prime Capital Investment Advisors LLC Has $2.80 Million Stock Position in ASML Holding (NASDAQ:ASML)

Prime Capital Investment Advisors LLC boosted its stake in shares of ASML Holding (NASDAQ:ASML) by 4.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,365 shares of the semiconductor company’s stock after purchasing an additional 155 shares during the period. Prime Capital Investment Advisors LLC’s holdings in ASML were worth $2,804,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Van ECK Associates Corp grew its stake in shares of ASML by 37.0% in the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after buying an additional 474,653 shares in the last quarter. GQG Partners LLC increased its stake in shares of ASML by 21.6% during the 1st quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock worth $1,608,921,000 after purchasing an additional 294,784 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of ASML by 18.9% in the 1st quarter. Janus Henderson Group PLC now owns 1,220,210 shares of the semiconductor company’s stock valued at $1,184,173,000 after purchasing an additional 194,357 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in ASML by 4,379.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock valued at $910,102,000 after purchasing an additional 870,010 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in ASML by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 817,709 shares of the semiconductor company’s stock worth $836,300,000 after purchasing an additional 2,085 shares during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 0.6 %

Shares of NASDAQ ASML opened at $673.41 on Thursday. ASML Holding has a 52 week low of $654.77 and a 52 week high of $1,110.09. The stock’s fifty day moving average is $763.40 and its 200 day moving average is $886.15. 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 stock has a market capitalization of $264.93 billion, a P/E ratio of 35.26, a PEG ratio of 1.93 and a beta of 1.51.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. Sell-side analysts forecast that ASML Holding will post 20.77 earnings per share 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 paid a dividend of $1.407 per share. This represents a $5.63 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s payout ratio is presently 29.21%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ASML. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Sanford C. Bernstein cut their price objective on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research report on Monday, October 21st. Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. dropped their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Finally, Wells Fargo & Company lowered their price objective on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Three 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $970.60.

ASML Company 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.