Cooper Financial Group Acquires 217 Shares of ASML Holding (NASDAQ:ASML)

Cooper Financial Group boosted its stake in shares of ASML Holding (NASDAQ:ASMLFree Report) by 15.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,657 shares of the semiconductor company’s stock after buying an additional 217 shares during the period. Cooper Financial Group’s holdings in ASML were worth $1,608,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Beaird Harris Wealth Management LLC purchased a new position in ASML during the 4th quarter valued at $34,000. Creative Financial Designs Inc. ADV lifted its holdings in ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 15 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new stake in ASML in the 4th quarter valued at about $44,000. Bruce G. Allen Investments LLC bought a new position in ASML in the 4th quarter worth about $49,000. Finally, Adirondack Trust Co. boosted its holdings in shares of ASML by 120.0% in the fourth quarter. Adirondack Trust Co. now owns 66 shares of the semiconductor company’s stock valued at $50,000 after purchasing an additional 36 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Sanford C. Bernstein lowered their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Wells Fargo & Company increased their price objective on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Finally, Evercore ISI initiated coverage on shares of ASML in a research note on Tuesday, April 16th. They set an “outperform” rating on the stock. Three equities 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. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,043.00.

Read Our Latest Analysis on ASML

ASML Trading Down 1.3 %

NASDAQ:ASML traded down $14.14 during trading hours on Friday, hitting $1,036.60. The company had a trading volume of 1,626,737 shares, compared to its average volume of 952,566. ASML Holding has a 1 year low of $563.99 and a 1 year high of $1,077.22. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The company has a 50-day moving average of $954.31 and a 200 day moving average of $896.83. The company has a market cap of $409.03 billion, a P/E ratio of 52.94, a P/E/G ratio of 2.22 and a beta of 1.49.

ASML (NASDAQ:ASMLGet Free Report) last posted its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.54. The company had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Sell-side analysts expect that ASML Holding will post 20.12 earnings per share for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were issued a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.52%. ASML’s dividend payout ratio (DPR) is 32.48%.

About ASML

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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