OneDigital Investment Advisors LLC Lowers Position in ASML Holding N.V. $ASML

OneDigital Investment Advisors LLC lessened its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 13.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,556 shares of the semiconductor company’s stock after selling 394 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in ASML were worth $5,085,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC raised its stake in ASML by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock valued at $4,798,268,000 after purchasing an additional 132,353 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of ASML by 6.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock worth $2,168,227,000 after buying an additional 96,860 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of ASML by 1.2% in the 1st quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock worth $2,060,833,000 after buying an additional 19,051 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of ASML by 14.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after buying an additional 193,068 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of ASML by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock valued at $1,364,963,000 after buying an additional 18,768 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ ASML opened at $1,802.98 on Wednesday. The company has a 50-day simple moving average of $1,784.83 and a two-hundred day simple moving average of $1,573.92. ASML Holding N.V. has a 12-month low of $716.20 and a 12-month high of $1,999.96. The firm has a market cap of $709.08 billion, a price-to-earnings ratio of 56.10, a PEG ratio of 0.92 and a beta of 1.79. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The firm had revenue of $10.64 billion for the quarter. On average, equities analysts forecast that ASML Holding N.V. will post 44.85 EPS for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is presently 22.62%.

Analysts Set New Price Targets

Several brokerages recently issued reports on ASML. Bank of America upped their target price on shares of ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. DZ Bank upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research note on Tuesday, July 7th. Barclays reiterated an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Finally, Argus set a $2,100.00 price objective on ASML in a report on Thursday, July 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.