BTC Capital Management Inc. Takes Position in ASML Holding (NASDAQ:ASML) – MarketBeat
BTC Capital Management Inc. purchased a new stake in ASML Holding (NASDAQ:ASML – Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,134 shares of the semiconductor company’s stock, valued at approximately $1,101,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Charles Schwab Investment Management Inc. boosted its position in ASML by 1.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,871 shares of the semiconductor company’s stock valued at $18,761,000 after buying an additional 501 shares in the last quarter. Deutsche Bank AG lifted its position in shares of ASML by 4.5% during the third quarter. Deutsche Bank AG now owns 15,544 shares of the semiconductor company’s stock worth $9,150,000 after purchasing an additional 668 shares in the last quarter. Rhumbline Advisers lifted its position in shares of ASML by 4.0% during the third quarter. Rhumbline Advisers now owns 7,329 shares of the semiconductor company’s stock worth $4,314,000 after purchasing an additional 282 shares in the last quarter. Glenview Trust co lifted its position in shares of ASML by 93.7% during the third quarter. Glenview Trust co now owns 947 shares of the semiconductor company’s stock worth $557,000 after purchasing an additional 458 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its position in shares of ASML by 37.3% during the third quarter. Acadian Asset Management LLC now owns 3,620 shares of the semiconductor company’s stock worth $2,127,000 after purchasing an additional 984 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
NASDAQ:ASML traded down $14.14 during trading hours on Friday, hitting $1,036.60. The stock had a trading volume of 1,626,737 shares, compared to its average volume of 952,566. ASML Holding has a one year low of $563.99 and a one year high of $1,077.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The company has a market cap of $409.03 billion, a price-to-earnings ratio of 52.94, a P/E/G ratio of 2.22 and a beta of 1.49. The business’s 50 day moving average is $954.31 and its 200-day moving average is $896.83.
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The company had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. Sell-side analysts anticipate that ASML Holding will post 20.12 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were given a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a dividend yield of 0.52%. The ex-dividend date was Friday, April 26th. ASML’s dividend payout ratio is 32.53%.
ASML has been the topic of a number of research reports. Sanford C. Bernstein reduced their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Evercore ISI began coverage on shares of ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Finally, Wells Fargo & Company increased their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,043.00.
View Our Latest Analysis on 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.
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