Cedar Brook Financial Partners LLC Has $1.05 Million Holdings in ASML Holding (NASDAQ:ASML)

Cedar Brook Financial Partners LLC grew its position in ASML Holding (NASDAQ:ASML) by 2.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,452 shares of the semiconductor company’s stock after purchasing an additional 28 shares during the period. Cedar Brook Financial Partners LLC’s holdings in ASML were worth $1,052,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Avalon Trust Co acquired a new position in shares of ASML in the first quarter valued at approximately $27,000. Cranbrook Wealth Management LLC bought a new stake in shares of ASML in the first quarter valued at approximately $27,000. GPS Wealth Strategies Group LLC bought a new stake in shares of ASML in the first quarter valued at approximately $27,000. Schubert & Co boosted its stake in shares of ASML by 100.0% in the first quarter. Schubert & Co now owns 48 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 24 shares during the period. Finally, HBC Financial Services PLLC bought a new stake in shares of ASML in the first quarter valued at approximately $31,000. Institutional investors and hedge funds own 18.94% of the company’s stock.

ASML Trading Down 0.0 %

ASML stock traded down $0.29 during trading hours on Thursday, reaching $616.76. 238,695 shares of the company’s stock were exchanged, compared to its average volume of 1,004,536. The company has a quick ratio of 0.88, a current ratio of 1.34 and a debt-to-equity ratio of 0.43. The firm’s 50 day simple moving average is $681.63 and its 200 day simple moving average is $673.48. ASML Holding has a twelve month low of $363.15 and a twelve month high of $771.98. The firm has a market capitalization of $243.37 billion, a PE ratio of 31.32, a PEG ratio of 1.03 and a beta of 1.45.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 19th. The semiconductor company reported $5.37 earnings per share for the quarter, topping analysts’ consensus estimates of $4.98 by $0.39. ASML had a return on equity of 79.17% and a net margin of 28.67%. The firm had revenue of $7.51 billion during the quarter. Research analysts predict that ASML Holding will post 21.63 earnings per share for the current year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 10th. Stockholders of record on Wednesday, August 2nd were paid a $1.6281 dividend. The ex-dividend date was Tuesday, August 1st. This is an increase from ASML’s previous quarterly dividend of $1.27. This represents a $6.51 annualized dividend and a dividend yield of 1.06%. ASML’s dividend payout ratio (DPR) is currently 13.71%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ASML shares. Wells Fargo & Company increased their price target on ASML from $775.00 to $800.00 and gave the company an “overweight” rating in a research note on Thursday, July 20th. New Street Research cut ASML from a “buy” rating to a “neutral” rating in a research note on Friday, June 16th. Sanford C. Bernstein cut ASML from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $810.00 to $785.00 in a research note on Friday, July 28th. Societe Generale cut ASML from a “buy” rating to a “hold” rating in a research note on Friday, July 21st. Finally, StockNews.com cut ASML from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Eight equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $730.18.

About ASML

ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.