Waterloo Capital L.P. Purchases Shares of 316 ASML Holding (NASDAQ:ASML)

Waterloo Capital L.P. acquired a new position in shares of ASML Holding (NASDAQ:ASML) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 316 shares of the semiconductor company’s stock, valued at approximately $323,000.

A number of other hedge funds have also modified their holdings of ASML. American Capital Advisory LLC acquired a new position in ASML during the 1st quarter worth approximately $26,000. WD Rutherford LLC acquired a new position in ASML during the first quarter worth $29,000. Triad Wealth Partners LLC bought a new position in ASML in the second quarter valued at $31,000. Beaird Harris Wealth Management LLC acquired a new stake in ASML in the 4th quarter valued at $34,000. Finally, First Community Trust NA bought a new stake in ASML during the 2nd quarter worth about $34,000. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

NASDAQ:ASML opened at $828.16 on Friday. The firm’s fifty day moving average price is $876.71 and its two-hundred day moving average price is $941.27. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. The company has a market cap of $326.78 billion, a P/E ratio of 42.30, a P/E/G ratio of 1.96 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.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $6 billion. During the same period in the prior year, the firm earned $5.37 EPS. The business’s revenue was down 9.5% on a year-over-year basis. Equities analysts expect that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were paid a $1.8732 dividend. The ex-dividend date of this dividend was Monday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 annualized dividend and a yield of 0.90%. ASML’s payout ratio is 28.50%.

Analyst Ratings Changes

A number of research firms recently issued reports on ASML. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Susquehanna upped their price objective on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research note on Thursday, July 11th. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Wells Fargo & Company upped their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research report on Thursday, July 18th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,147.80.

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.