SRS Capital Advisors Inc. Buys 187 Shares of ASML Holding (NASDAQ:ASML)

SRS Capital Advisors Inc. grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 22.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,036 shares of the semiconductor company’s stock after purchasing an additional 187 shares during the quarter. SRS Capital Advisors Inc.’s holdings in ASML were worth $1,059,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Salem Investment Counselors Inc. boosted its stake in ASML by 41.1% in the 1st quarter. Salem Investment Counselors Inc. now owns 3,457 shares of the semiconductor company’s stock worth $3,355,000 after purchasing an additional 1,007 shares during the period. Beacon Pointe Advisors LLC boosted its stake in ASML by 22.1% in the 4th quarter. Beacon Pointe Advisors LLC now owns 2,050 shares of the semiconductor company’s stock worth $1,552,000 after purchasing an additional 371 shares during the period. Cetera Investment Advisers boosted its stake in ASML by 169.4% in the 1st quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock worth $22,661,000 after purchasing an additional 14,682 shares during the period. Burford Brothers Inc. bought a new position in ASML in the 4th quarter worth about $761,000. Finally, Montag A & Associates Inc. boosted its position in shares of ASML by 25,520.0% during the 1st quarter. Montag A & Associates Inc. now owns 1,281 shares of the semiconductor company’s stock valued at $1,243,000 after acquiring an additional 1,276 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

NASDAQ:ASML traded down $42.81 during mid-day trading on Friday, reaching $752.79. The stock had a trading volume of 3,286,765 shares, compared to its average volume of 1,244,682. The firm has a 50 day moving average price of $925.80 and a two-hundred day moving average price of $950.52. The stock has a market capitalization of $297.04 billion, a P/E ratio of 38.45, a P/E/G ratio of 1.91 and a beta of 1.49. ASML Holding has a one year low of $563.99 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. The business had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The business’s quarterly revenue was down 9.5% on a year-over-year basis. During the same period in the previous year, the firm earned $5.37 EPS. As a group, analysts expect that ASML Holding will post 20.3 earnings per share for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were paid a $1.8732 dividend. This is a boost from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date was Monday, July 29th. ASML’s payout ratio is 28.50%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research report on Monday, June 17th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. JPMorgan Chase & Co. lifted their price target on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research report on Thursday, July 18th. Susquehanna lifted their price target on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Finally, UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,147.80.

ASML 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.