Roble Belko & Company Inc Buys 1,241 Shares of ASML Holding (NASDAQ:ASML)

Roble Belko & Company Inc raised its stake in ASML Holding (NASDAQ:ASMLFree Report) by 124,100.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,242 shares of the semiconductor company’s stock after buying an additional 1,241 shares during the quarter. Roble Belko & Company Inc’s holdings in ASML were worth $1,205,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cooper Financial Group raised its holdings in shares of ASML by 15.1% in the first quarter. Cooper Financial Group now owns 1,657 shares of the semiconductor company’s stock valued at $1,608,000 after purchasing an additional 217 shares during the last quarter. Salem Investment Counselors Inc. raised its holdings in shares of ASML by 41.1% in the first quarter. Salem Investment Counselors Inc. now owns 3,457 shares of the semiconductor company’s stock valued at $3,355,000 after purchasing an additional 1,007 shares during the last quarter. &PARTNERS acquired a new stake in shares of ASML in the first quarter valued at approximately $1,164,000. Central Bank & Trust Co. increased its holdings in ASML by 17,700.0% during the first quarter. Central Bank & Trust Co. now owns 534 shares of the semiconductor company’s stock worth $518,000 after buying an additional 531 shares during the last quarter. Finally, MJP Associates Inc. ADV increased its holdings in ASML by 69.8% during the first quarter. MJP Associates Inc. ADV now owns 518 shares of the semiconductor company’s stock worth $503,000 after buying an additional 213 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company boosted their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday, June 17th. Sanford C. Bernstein lowered their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Finally, Evercore ISI assumed coverage on shares of ASML in a research report on Tuesday, April 16th. They set an “outperform” rating for the company. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,043.00.

Check Out Our Latest Research Report on ASML

ASML Stock Performance

ASML stock traded down $14.14 during midday trading on Friday, reaching $1,036.60. 1,626,737 shares of the company were exchanged, compared to its average volume of 952,566. The business has a 50-day moving average price of $954.31 and a two-hundred day moving average price of $896.83. The firm has a market capitalization of $409.03 billion, a price-to-earnings ratio of 52.94, a price-to-earnings-growth ratio of 2.22 and a beta of 1.49. ASML Holding has a one year low of $563.99 and a one year high of $1,077.22. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88.

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

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were given a $1.343 dividend. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.52%. ASML’s payout ratio is presently 32.48%.

ASML Company Profile

(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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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