Chicago Capital LLC Grows Stock Holdings in ASML Holding (NASDAQ:ASML)

Chicago Capital LLC boosted its holdings in ASML Holding (NASDAQ:ASML) by 0.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 59,533 shares of the semiconductor company’s stock after buying an additional 294 shares during the period. Chicago Capital LLC’s holdings in ASML were worth $49,606,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Hilltop National Bank grew its position in shares of ASML by 1.0% during the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock worth $997,000 after purchasing an additional 10 shares in the last quarter. First PREMIER Bank boosted its stake in ASML by 4.2% in the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock worth $265,000 after purchasing an additional 11 shares during the period. Investment Partners LTD. grew its holdings in ASML by 1.2% during the 1st quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock valued at $871,000 after buying an additional 11 shares in the last quarter. Valley National Advisers Inc. raised its position in shares of ASML by 1.1% during the second quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock valued at $1,159,000 after buying an additional 12 shares during the last quarter. Finally, Pure Financial Advisors LLC lifted its holdings in shares of ASML by 2.8% in the second quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock worth $454,000 after buying an additional 12 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Up 3.2 %

NASDAQ ASML opened at $723.26 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.52 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 has a market capitalization of $285.39 billion, a price-to-earnings ratio of 36.94, a PEG ratio of 2.08 and a beta of 1.48. The company has a fifty day moving average of $834.43 and a two-hundred day moving average of $916.12.

ASML (NASDAQ:ASML) last released 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 firm had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm’s revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period in the previous year, the company earned $5.37 EPS. On average, analysts predict that ASML Holding will post 20.38 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, November 17th. Stockholders of record on Tuesday, October 29th will be issued a $1.407 dividend. The ex-dividend date of this dividend is Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.78%. ASML’s payout ratio is 28.50%.

Analyst Upgrades and Downgrades

ASML has been the subject of several research analyst reports. Susquehanna cut their target price on shares of 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. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Wells Fargo & Company cut their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a report on Thursday. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,018.00.

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.