Callan Capital LLC Purchases 163 Shares of ASML Holding (NASDAQ:ASML)

Callan Capital LLC lifted its position in shares of ASML Holding (NASDAQ:ASML) by 13.0% during the second quarter, Holdings Channel.com reports. The firm owned 1,415 shares of the semiconductor company’s stock after purchasing an additional 163 shares during the period. Callan Capital LLC’s holdings in ASML were worth $1,447,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Mercer Global Advisors Inc. ADV increased its position in shares of ASML by 4,379.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after acquiring an additional 870,010 shares in the last quarter. Jennison Associates LLC raised its position in ASML by 50.0% in the 1st quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock valued at $1,668,386,000 after buying an additional 572,996 shares during the last quarter. Fayez Sarofim & Co bought a new position in ASML during the 1st quarter valued at $542,710,000. GQG Partners LLC boosted its holdings in ASML by 21.6% during the 1st quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock worth $1,608,921,000 after acquiring an additional 294,784 shares during the last quarter. Finally, 1832 Asset Management L.P. boosted its holdings in ASML by 11,084.1% during the 1st quarter. 1832 Asset Management L.P. now owns 246,050 shares of the semiconductor company’s stock worth $238,784,000 after acquiring an additional 243,850 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Up 5.1 %

Shares of ASML opened at $828.16 on Friday. The firm has a market cap of $326.78 billion, a P/E ratio of 42.30, a price-to-earnings-growth ratio of 1.96 and a beta of 1.49. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,110.09. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. The business has a 50-day moving average of $876.71 and a 200 day moving average of $941.27.

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 analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The company’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.37 earnings per share. As a group, research analysts forecast that ASML Holding will post 20.38 EPS for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a $1.8732 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend was Monday, July 29th. ASML’s dividend payout ratio (DPR) is presently 28.50%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ASML shares. Wells Fargo & Company raised their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research report on Monday, June 17th. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. JPMorgan Chase & Co. boosted their price objective on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research report on Thursday, July 18th. Finally, Susquehanna raised their target price on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,147.80.

About ASML

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.