J.W. Cole Advisors Inc. Purchases New Stake in ASML Holding (NASDAQ:ASML)

J.W. Cole Advisors Inc. purchased a new stake in ASML Holding (NASDAQ:ASMLGet Rating) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 71,667 shares of the semiconductor company’s stock, valued at approximately $58,000.

Other large investors have also added to or reduced their stakes in the company. Piscataqua Savings Bank raised its stake in ASML by 90.9% in the 1st quarter. Piscataqua Savings Bank now owns 42 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 20 shares during the period. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in ASML in the 1st quarter valued at $39,000. Cedar Wealth Management LLC bought a new stake in ASML in the 1st quarter valued at $43,000. Valley National Advisers Inc. raised its stake in ASML by 78.4% in the 1st quarter. Valley National Advisers Inc. now owns 66 shares of the semiconductor company’s stock valued at $44,000 after acquiring an additional 29 shares during the period. Finally, Rise Advisors LLC bought a new stake in ASML in the 4th quarter valued at $47,000. Institutional investors own 19.04% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on ASML shares. Credit Suisse Group lowered their price objective on ASML from €960.00 ($979.59) to €920.00 ($938.78) and set an “outperform” rating on the stock in a research report on Thursday, July 21st. Wells Fargo & Company lowered their price objective on ASML from $750.00 to $600.00 and set an “overweight” rating on the stock in a research report on Friday, July 15th. Deutsche Bank Aktiengesellschaft increased their price objective on ASML from €475.00 ($484.69) to €525.00 ($535.71) and gave the stock a “hold” rating in a research report on Thursday, July 21st. Piper Sandler lowered their price objective on ASML from €767.00 ($782.65) to €630.00 ($642.86) in a research report on Thursday, May 26th. Finally, Argus started coverage on ASML in a research report on Wednesday, June 29th. They set a “buy” rating and a $590.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $747.91.

ASML Stock Down 3.1 %

Shares of NASDAQ ASML opened at $441.04 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.92 and a current ratio of 1.36. ASML Holding has a 52 week low of $412.67 and a 52 week high of $888.72. The stock has a market capitalization of $180.73 billion, a P/E ratio of 25.36, a PEG ratio of 1.52 and a beta of 1.34. The stock’s fifty day moving average is $519.09 and its 200 day moving average is $549.13.

ASML Cuts Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, August 12th. Investors of record on Friday, August 5th were given a $1.3991 dividend. This represents a dividend yield of 1.2%. The ex-dividend date was Thursday, August 4th. ASML’s payout ratio is currently 13.63%.

ASML Profile

(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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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