Rational Advisors LLC Raises Stock Position in ASML Holding (NASDAQ:ASML)

Rational Advisors LLC increased its holdings in shares of ASML Holding (NASDAQ:ASML) by 4.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 382 shares of the semiconductor company’s stock after purchasing an additional 18 shares during the period. Rational Advisors LLC’s holdings in ASML were worth $318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in ASML. Resources Management Corp CT ADV purchased a new position in ASML in the second quarter valued at $26,000. Triad Wealth Partners LLC purchased a new position in ASML in the second quarter valued at $31,000. First Community Trust NA purchased a new position in ASML in the second quarter valued at $34,000. POM Investment Strategies LLC purchased a new position in ASML in the second quarter valued at $36,000. Finally, LRI Investments LLC purchased a new position in ASML in the first quarter valued at $37,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML opened at $671.16 on Tuesday. The firm has a market capitalization of $264.05 billion, a PE ratio of 35.14, a PEG ratio of 1.94 and a beta of 1.51. ASML Holding has a twelve month low of $631.17 and a twelve month high of $1,110.09. The firm’s 50-day moving average price is $789.28 and its 200 day moving average price is $895.46. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th will be issued a $1.407 dividend. The ex-dividend date is Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.84%. ASML’s payout ratio is 29.21%.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of recent analyst reports. Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Susquehanna dropped their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Sanford C. Bernstein dropped their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research report on Monday, October 21st. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $970.60.

ASML Company Profile

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.