73 Shares in ASML Holding (NASDAQ:ASML) Purchased by Ashton Thomas Securities LLC

Ashton Thomas Securities LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the third quarter, Holdings Channel reports. The firm purchased 73 shares of the semiconductor company’s stock, valued at approximately $61,000.

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ASML shares. JPMorgan Chase & Co. reduced their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company decreased their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Finally, UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $970.60.

ASML Stock Up 0.6 %

Shares of NASDAQ ASML opened at $673.41 on Thursday. The company has a market capitalization of $264.93 billion, a P/E ratio of 35.26, a P/E/G ratio of 1.93 and a beta of 1.51. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The company has a 50 day simple moving average of $763.40 and a 200-day simple moving average of $886.15. ASML Holding has a 1 year low of $654.77 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The company had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. On average, equities research analysts predict that ASML Holding will post 20.77 earnings per share for the current year.

ASML Cuts Dividend

The business also recently announced 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. This represents a $5.63 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) 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.