249 Shares in ASML Holding (NASDAQ:ASML) Bought by Northside Capital Management LLC

Northside Capital Management LLC acquired a new position in ASML Holding (NASDAQ:ASML) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 249 shares of the semiconductor company’s stock, valued at approximately $207,000.

Other hedge funds also recently made changes to their positions in the company. KP Management LLC raised its stake in ASML by 66.7% during the 2nd quarter. KP Management LLC now owns 5,000 shares of the semiconductor company’s stock valued at $5,114,000 after purchasing an additional 2,000 shares during the period. Harvard Management Co. Inc. increased its position in ASML by 239.8% during the second quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock valued at $95,645,000 after acquiring an additional 66,000 shares during the last quarter. Salem Investment Counselors Inc. raised its stake 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 acquiring an additional 1,007 shares during the period. Point72 DIFC Ltd boosted its stake in shares of ASML by 122.1% during the 2nd quarter. Point72 DIFC Ltd now owns 6,415 shares of the semiconductor company’s stock worth $6,560,000 after purchasing an additional 3,527 shares during the period. Finally, Cetera Investment Advisers grew its holdings in ASML by 169.4% during the 1st quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock valued at $22,661,000 after purchasing an additional 14,682 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of analyst reports. Wells Fargo & Company cut their target price on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Finally, Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,018.00.

ASML Stock Up 3.2 %

Shares of NASDAQ:ASML traded up $22.66 on Friday, reaching $723.26. The company had a trading volume of 4,537,798 shares, compared to its average volume of 1,380,438. The firm has a market capitalization of $285.39 billion, a PE ratio of 36.94, a PEG ratio of 2.08 and a beta of 1.48. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. ASML Holding has a 52-week low of $573.86 and a 52-week high of $1,110.09. The firm’s 50 day simple moving average is $834.43 and its 200-day simple moving average is $916.47.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping the consensus estimate of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. During the same quarter in the previous year, the business posted $5.37 EPS. ASML’s revenue was down 9.5% on a year-over-year basis. As a group, analysts expect that ASML Holding will post 20.38 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, November 17th. 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 dividend on an annualized basis and a dividend yield of 0.78%. ASML’s dividend payout ratio is currently 28.50%.

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.