1,647 Shares in ASML Holding (NASDAQ:ASML) Purchased by CWA Asset Management Group LLC

CWA Asset Management Group LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,647 shares of the semiconductor company’s stock, valued at approximately $1,372,000.

A number of other large investors also recently bought and sold shares of ASML. Leavell Investment Management Inc. raised its position in shares of ASML by 9.8% during the 3rd quarter. Leavell Investment Management Inc. now owns 2,290 shares of the semiconductor company’s stock valued at $1,908,000 after acquiring an additional 204 shares in the last quarter. Hollencrest Capital Management lifted its position in shares of ASML by 17.5% in the 3rd quarter. Hollencrest Capital Management now owns 336 shares of the semiconductor company’s stock worth $280,000 after buying an additional 50 shares during the last quarter. Stiles Financial Services Inc boosted its holdings in shares of ASML by 18.0% in the 3rd quarter. Stiles Financial Services Inc now owns 3,728 shares of the semiconductor company’s stock valued at $3,110,000 after buying an additional 569 shares during the period. Hudson Value Partners LLC acquired a new position in shares of ASML in the 3rd quarter valued at about $389,000. Finally, Lifestyle Asset Management Inc. raised its stake in ASML by 3.8% during the third quarter. Lifestyle Asset Management Inc. now owns 1,241 shares of the semiconductor company’s stock worth $1,034,000 after acquiring an additional 45 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ:ASML opened at $669.47 on Friday. The stock has a market cap of $263.38 billion, a price-to-earnings ratio of 35.05, a PEG ratio of 1.91 and a beta of 1.51. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 12 month low of $633.85 and a 12 month high of $1,110.09. The stock’s 50 day moving average price is $771.58 and its 200 day moving average price is $889.64.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The company had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. Equities research analysts anticipate that ASML Holding will post 20.77 earnings per share for the current fiscal year.

ASML Cuts Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein decreased their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research report on Monday, October 21st. Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Finally, JPMorgan Chase & Co. decreased their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock 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.