ASML Holding (NASDAQ:ASML) Shares Acquired by Prospera Private Wealth LLC

Prospera Private Wealth LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 542.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,766 shares of the semiconductor company’s stock after buying an additional 1,491 shares during the period. Prospera Private Wealth LLC’s holdings in ASML were worth $1,472,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Resources Management Corp CT ADV acquired a new position in ASML during the 2nd quarter valued at about $26,000. Triad Wealth Partners LLC bought a new stake in shares of ASML during the second quarter valued at approximately $31,000. Fairway Wealth LLC bought a new position in ASML in the 3rd quarter worth approximately $25,000. First Community Trust NA acquired a new stake in ASML in the 2nd quarter valued at approximately $34,000. Finally, Milestone Investment Advisors LLC bought a new stake in ASML during the 3rd quarter valued at $28,000. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

Shares of NASDAQ:ASML opened at $662.16 on Wednesday. The company has a market capitalization of $260.51 billion, a PE ratio of 34.67, a price-to-earnings-growth ratio of 1.90 and a beta of 1.51. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The stock has a fifty day moving average of $753.23 and a 200-day moving average of $878.72. ASML Holding has a one year low of $648.00 and a one year high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. As a group, equities analysts anticipate that ASML Holding will post 20.77 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were given a $1.407 dividend. This represents a $5.63 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 29.21%.

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent analyst reports. Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Susquehanna lowered their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Finally, UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $970.60.

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.