11 Capital Partners LP Has $18.50 Million Stock Position in ASML Holding (NASDAQ:ASML)

11 Capital Partners LP boosted its position in ASML Holding (NASDAQ:ASML) by 28.2% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 18,091 shares of the semiconductor company’s stock after purchasing an additional 3,981 shares during the period. ASML comprises 7.2% of 11 Capital Partners LP’s investment portfolio, making the stock its 5th biggest position. 11 Capital Partners LP’s holdings in ASML were worth $18,502,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Hilltop National Bank grew its position in shares of ASML by 1.0% during the 2nd quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after acquiring an additional 10 shares during the period. First PREMIER Bank grew its position in shares of ASML by 4.2% during the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after acquiring an additional 11 shares during the period. Investment Partners LTD. grew its position in shares of 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 acquiring an additional 11 shares during the period. Valley National Advisers Inc. grew its position in shares of ASML by 1.1% during the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock valued at $1,159,000 after acquiring an additional 12 shares during the period. Finally, Pure Financial Advisors LLC grew its position in shares of ASML by 2.8% during the 2nd quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock valued at $454,000 after acquiring an additional 12 shares during the period. 26.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ASML shares. Wells Fargo & Company increased their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research report on Monday, June 17th. Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a report on Friday. JPMorgan Chase & Co. raised their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a report on Thursday, July 18th. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Finally, Susquehanna raised their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Price Performance

Shares of NASDAQ:ASML opened at $795.28 on Friday. The stock has a market cap of $313.81 billion, a PE ratio of 40.62, a PEG ratio of 1.96 and a beta of 1.49. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. The company’s fifty day moving average is $870.91 and its 200 day moving average is $939.86.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, beating analysts’ consensus estimates of $3.87 by $0.14. The firm had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The company’s revenue for the quarter was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.37 EPS. Research analysts anticipate that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were paid a dividend of $1.8732 per share. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Monday, July 29th. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.94%. ASML’s payout ratio is presently 28.50%.

ASML 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.