ASML Holding (NASDAQ:ASML) Shares Bought by Family Capital Management Inc.

Family Capital Management Inc. lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 1.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 909 shares of the semiconductor company’s stock after purchasing an additional 15 shares during the quarter. Family Capital Management Inc.’s holdings in ASML were worth $757,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Fairway Wealth LLC acquired a new stake in shares of ASML in the 3rd quarter worth $25,000. Resources Management Corp CT ADV acquired a new stake in ASML in the second quarter valued at about $26,000. Milestone Investment Advisors LLC purchased a new stake in ASML in the 3rd quarter valued at approximately $28,000. Triad Wealth Partners LLC acquired a new position in ASML during the 2nd quarter worth approximately $31,000. Finally, First Community Trust NA purchased a new position in shares of ASML during the 2nd quarter worth approximately $34,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ASML. Sanford C. Bernstein dropped their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. 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 research report on Thursday, October 17th. Finally, Berenberg Bank upgraded ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three research 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 company presently has a consensus rating of “Moderate Buy” and a consensus target price of $970.60.

ASML Trading Up 0.1 %

Shares of ASML stock opened at $672.88 on Friday. The firm’s 50-day simple moving average is $744.92 and its 200-day simple moving average is $873.81. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The firm has a market cap of $264.73 billion, a P/E ratio of 35.23, a PEG ratio of 1.95 and a beta of 1.51.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The company had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. As a group, equities analysts forecast that ASML Holding will post 20.68 EPS for the current year.

ASML Cuts Dividend

The company also recently declared 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. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.84%. ASML’s dividend payout ratio is presently 29.21%.

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.