ASML Holding N.V. $ASML Stock: Viewpoint Investment Partners Corp Grows Holdings

Viewpoint Investment Partners Corp boosted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 45.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,639 shares of the semiconductor company’s stock after buying an additional 509 shares during the period. Viewpoint Investment Partners Corp’s holdings in ASML were worth $2,969,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. NBH Bank bought a new stake in shares of ASML during the second quarter worth about $26,000. Field & Main Bank bought a new position in ASML in the 2nd quarter valued at about $30,000. Gilpin Wealth Management LLC lifted its position in ASML by 275.0% in the 3rd quarter. Gilpin Wealth Management LLC now owns 15 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 11 shares in the last quarter. Vision Financial Markets LLC bought a new position in ASML in the 3rd quarter valued at about $36,000. Finally, Curry Webb Wealth Management LLC acquired a new position in ASML during the 3rd quarter valued at about $38,000. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. DZ Bank raised ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Morgan Stanley restated an “overweight” rating on shares of ASML in a report on Tuesday, July 7th. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a report on Monday, September 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $2,100.00 target price on shares of ASML in a research report on Wednesday, October 7th. Finally, Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,079.12.

ASML Stock Performance

Shares of ASML stock opened at $1,590.90 on Tuesday. The firm has a 50-day moving average of $1,722.74 and a 200-day moving average of $1,586.27. The company has a market cap of $613.16 billion, a P/E ratio of 39.17, a P/E/G ratio of 0.66 and a beta of 1.77. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.49 and a quick ratio of 1.01. ASML Holding N.V. has a one year low of $946.11 and a one year high of $1,999.96.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. The company had revenue of $13.27 billion for the quarter. Equities research analysts forecast that ASML Holding N.V. will post 46.03 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th will be given a dividend of $2.1077 per share. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $8.43 annualized dividend and a dividend yield of 0.5%. This is a decrease from ASML’s previous quarterly dividend of $2.1507. ASML’s payout ratio is 17.90%.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment helps customers transfer intricate circuit patterns onto silicon wafers, a critical step in the production of processors, memory chips and other semiconductor devices.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, which support the production of the most advanced chips, as well as deep ultraviolet (DUV) lithography systems for a broad range of semiconductor applications.