Prime Capital Investment Advisors LLC Buys 155 Shares of ASML Holding (NASDAQ:ASML)

Prime Capital Investment Advisors LLC lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 4.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 3,365 shares of the semiconductor company’s stock after acquiring an additional 155 shares during the period. Prime Capital Investment Advisors LLC’s holdings in ASML were worth $2,804,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Hilltop National Bank boosted its stake in shares of ASML by 1.0% during the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after purchasing an additional 10 shares in the last quarter. Valley National Advisers Inc. boosted its position in ASML by 1.1% during the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock worth $1,159,000 after buying an additional 12 shares during the period. Pure Financial Advisors LLC grew its holdings in ASML by 2.8% during the 2nd quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock worth $454,000 after acquiring an additional 12 shares during the last quarter. First Pacific Financial increased its position in ASML by 1.1% in the 2nd quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock valued at $1,146,000 after acquiring an additional 12 shares during the period. Finally, RMR Wealth Builders lifted its holdings in shares of ASML by 0.6% during the second quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock worth $2,162,000 after purchasing an additional 12 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 0.6 %

ASML stock opened at $673.41 on Thursday. The company has a market capitalization of $264.93 billion, a PE ratio of 35.26, a PEG ratio of 1.93 and a beta of 1.51. ASML Holding has a 12-month low of $654.77 and a 12-month high of $1,110.09. The firm’s fifty day moving average is $763.40 and its 200 day moving average is $886.15. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

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

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were paid a $1.407 dividend. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.84%. ASML’s dividend payout ratio (DPR) is presently 29.21%.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Wells Fargo & Company decreased their price objective on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Susquehanna decreased their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Finally, Sanford C. Bernstein dropped their price target 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 research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.