Ameliora Wealth Management Ltd. Makes New Investment in ASML Holding (NASDAQ:ASML)

Ameliora Wealth Management Ltd. purchased a new position in ASML Holding (NASDAQ:ASML) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 100 shares of the semiconductor company’s stock, valued at approximately $72,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. AE Wealth Management LLC boosted its stake in shares of ASML by 72.4% in the 2nd quarter. AE Wealth Management LLC now owns 3,625 shares of the semiconductor company’s stock valued at $2,627,000 after purchasing an additional 1,522 shares in the last quarter. Harbour Capital Advisors LLC boosted its stake in shares of ASML by 4.3% in the 2nd quarter. Harbour Capital Advisors LLC now owns 636 shares of the semiconductor company’s stock valued at $467,000 after purchasing an additional 26 shares in the last quarter. CVA Family Office LLC boosted its stake in shares of ASML by 2.8% in the 2nd quarter. CVA Family Office LLC now owns 585 shares of the semiconductor company’s stock valued at $424,000 after purchasing an additional 16 shares in the last quarter. OneAscent Financial Services LLC purchased a new stake in shares of ASML in the 2nd quarter valued at $329,000. Finally, Moody National Bank Trust Division purchased a new stake in shares of ASML in the 2nd quarter valued at $215,000. Hedge funds and other institutional investors own 18.94% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ASML shares. Wolfe Research started coverage on shares of ASML in a research note on Thursday. They issued an “outperform” rating for the company. StockNews.com lowered shares of ASML from a “buy” rating to a “hold” rating in a report on Friday, August 25th. Societe Generale lowered shares of ASML from a “buy” rating to a “hold” rating in a report on Friday, July 21st. Wells Fargo & Company raised their price target on shares of ASML from $775.00 to $800.00 and gave the stock an “overweight” rating in a report on Thursday, July 20th. Finally, Sanford C. Bernstein lowered shares of ASML from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $810.00 to $785.00 in a report on Friday, July 28th. Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $730.18.

ASML Stock Down 4.1 %

NASDAQ ASML traded down $25.24 during trading hours on Friday, reaching $596.66. 2,841,373 shares of the company’s stock traded hands, compared to its average volume of 1,020,874. The firm has a market cap of $235.44 billion, a PE ratio of 30.29, a PEG ratio of 1.00 and a beta of 1.45. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.34 and a quick ratio of 0.88. ASML Holding has a 52-week low of $363.15 and a 52-week high of $771.98. The firm has a 50-day simple moving average of $678.11 and a 200 day simple moving average of $672.73.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, July 19th. The semiconductor company reported $5.37 earnings per share for the quarter, beating analysts’ consensus estimates of $4.98 by $0.39. The business had revenue of $7.51 billion during the quarter. ASML had a net margin of 28.67% and a return on equity of 79.17%. Sell-side analysts anticipate that ASML Holding will post 21.63 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared 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 a positive change from ASML’s previous quarterly dividend of $1.27. This represents a $6.51 dividend on an annualized basis and a dividend yield of 1.09%. ASML’s payout ratio is currently 13.71%.

ASML Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection 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.