ASML Holding (NASDAQ:ASML) Shares Bought by Apella Capital LLC

Apella Capital LLC grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 8.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 371 shares of the semiconductor company’s stock after acquiring an additional 29 shares during the period. Apella Capital LLC’s holdings in ASML were worth $393,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. American Capital Advisory LLC acquired a new position in ASML in the first quarter worth about $26,000. WD Rutherford LLC acquired a new position in ASML in the first quarter valued at approximately $29,000. LRI Investments LLC bought a new position in shares of ASML during the first quarter valued at approximately $37,000. ZRC Wealth Management LLC acquired a new stake in ASML in the first quarter worth $39,000. Finally, Rocky Mountain Advisers LLC increased its holdings in shares of ASML by 110.0% in the 1st quarter. Rocky Mountain Advisers LLC now owns 42 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 22 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

Shares of NASDAQ ASML traded down $6.66 during trading on Wednesday, hitting $836.35. The company had a trading volume of 1,509,010 shares, compared to its average volume of 1,237,485. The company has a market cap of $330.01 billion, a P/E ratio of 43.18, a PEG ratio of 1.87 and a beta of 1.49. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,110.09. The business’s 50-day moving average is $991.87 and its 200 day moving average is $953.14. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.14. The company had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The firm’s revenue was down 9.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.37 earnings per share. Equities research analysts predict that ASML Holding will post 20.3 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th will be given a dividend of $1.8732 per share. This represents a $7.49 annualized dividend and a yield of 0.90%. This is a boost from ASML’s previous quarterly dividend of $1.34. The ex-dividend date is Monday, July 29th. ASML’s payout ratio is presently 28.50%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Sanford C. Bernstein cut their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Evercore ISI assumed coverage on ASML in a report on Tuesday, April 16th. They set an “outperform” rating on the stock. Susquehanna lifted their price target on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. Wells Fargo & Company lifted their price target on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Finally, Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,147.80.

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.