Winch Advisory Services LLC Purchases 79 Shares of ASML Holding (NASDAQ:ASML)

Winch Advisory Services LLC grew its position in shares of ASML Holding (NASDAQ:ASML) by 48.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 241 shares of the semiconductor company’s stock after buying an additional 79 shares during the quarter. Winch Advisory Services LLC’s holdings in ASML were worth $201,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Resources Management Corp CT ADV bought a new position in shares of ASML during the 2nd quarter worth approximately $26,000. WD Rutherford LLC bought a new position in shares of ASML during the 1st quarter worth approximately $29,000. Triad Wealth Partners LLC bought a new position in shares of ASML during the 2nd quarter worth approximately $31,000. First Community Trust NA bought a new position in shares of ASML during the 2nd quarter worth approximately $34,000. Finally, POM Investment Strategies LLC bought a new position in shares of ASML during the 2nd quarter worth approximately $36,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 1.3 %

Shares of NASDAQ:ASML opened at $714.10 on Tuesday. The firm has a fifty day moving average price of $831.66 and a two-hundred day moving average price of $913.99. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. ASML Holding has a one year low of $573.86 and a one year high of $1,110.09. The company has a market cap of $281.78 billion, a price-to-earnings ratio of 36.47, a PEG ratio of 2.08 and a beta of 1.48.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, November 17th. Stockholders of record on Tuesday, October 29th will be issued a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Tuesday, October 29th. ASML’s dividend payout ratio is currently 28.70%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. JPMorgan Chase & Co. decreased their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently 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.