Cypress Asset Management Inc. TX Has $835,000 Stock Position in ASML Holding (NASDAQ:ASML)

Cypress Asset Management Inc. TX raised its stake in shares of ASML Holding (NASDAQ:ASMLGet Rating) by 1.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,755 shares of the semiconductor company’s stock after purchasing an additional 25 shares during the quarter. Cypress Asset Management Inc. TX’s holdings in ASML were worth $835,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. CX Institutional bought a new position in shares of ASML in the second quarter valued at approximately $28,000. GHP Investment Advisors Inc. raised its stake in shares of ASML by 275.0% in the second quarter. GHP Investment Advisors Inc. now owns 75 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 55 shares during the last quarter. HHM Wealth Advisors LLC raised its stake in shares of ASML by 680.0% in the second quarter. HHM Wealth Advisors LLC now owns 78 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 68 shares during the last quarter. Okabena Investment Services Inc. bought a new position in shares of ASML in the second quarter valued at approximately $38,000. Finally, Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of ASML in the first quarter valued at approximately $39,000. 19.04% of the stock is owned by institutional investors and hedge funds.

ASML Stock Up 1.3 %

Shares of ASML stock traded up $7.64 during trading hours on Thursday, reaching $603.85. 874,969 shares of the company’s stock were exchanged, compared to its average volume of 1,536,182. The company has a 50 day moving average of $475.31 and a two-hundred day moving average of $503.48. ASML Holding has a fifty-two week low of $363.15 and a fifty-two week high of $832.68. The company has a current ratio of 1.26, a quick ratio of 0.82 and a debt-to-equity ratio of 0.44. The stock has a market cap of $247.45 billion, a P/E ratio of 36.18, a P/E/G ratio of 1.77 and a beta of 1.36.

ASML Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 14th. Stockholders of record on Friday, November 4th were paid a dividend of $1.1393 per share. The ex-dividend date of this dividend was Thursday, November 3rd. This represents a $4.56 dividend on an annualized basis and a dividend yield of 0.75%. ASML’s dividend payout ratio is 27.32%.

Analyst Ratings Changes

ASML has been the subject of a number of research analyst reports. Credit Suisse Group lifted their target price on shares of ASML from €732.00 ($746.94) to €745.00 ($760.20) and gave the company an “outperform” rating in a research note on Monday, November 14th. Susquehanna upgraded shares of ASML from a “neutral” rating to a “positive” rating and boosted their price objective for the stock from $510.00 to $850.00 in a research report on Monday, November 14th. Wells Fargo & Company boosted their price objective on shares of ASML from $510.00 to $665.00 and gave the stock an “overweight” rating in a research report on Monday, November 14th. New Street Research upgraded shares of ASML from a “neutral” rating to a “buy” rating in a research report on Friday, October 21st. Finally, StockNews.com assumed coverage on shares of ASML in a research report on Wednesday, October 12th. They set a “hold” rating for the company. Three research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $696.46.

About ASML

(Get Rating)

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company 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.

Featured Articles

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding (NASDAQ:ASMLGet Rating).

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.