Susquehanna International Group Ltd. Buys Shares of 625 ASML Holding (NASDAQ:ASML)

Susquehanna International Group Ltd. bought a new stake in ASML Holding (NASDAQ:ASML) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 625 shares of the semiconductor company’s stock, valued at approximately $639,000.

Other hedge funds have also made changes to their positions in the company. Harvard Management Co. Inc. lifted its position in shares of ASML by 239.8% during the second quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock worth $95,645,000 after purchasing an additional 66,000 shares in the last quarter. Salem Investment Counselors Inc. lifted its position in shares of ASML by 41.1% during the first quarter. Salem Investment Counselors Inc. now owns 3,457 shares of the semiconductor company’s stock worth $3,355,000 after purchasing an additional 1,007 shares in the last quarter. Point72 DIFC Ltd lifted its position in shares of ASML by 122.1% during the second quarter. Point72 DIFC Ltd now owns 6,415 shares of the semiconductor company’s stock worth $6,560,000 after purchasing an additional 3,527 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of ASML by 169.4% during the first quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock worth $22,661,000 after purchasing an additional 14,682 shares in the last quarter. Finally, Burford Brothers Inc. purchased a new stake in shares of ASML during the fourth quarter worth approximately $761,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $841.54 on Friday. The firm has a market capitalization of $331.08 billion, a P/E ratio of 42.98, a P/E/G ratio of 1.97 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 firm’s 50 day moving average is $855.83 and its two-hundred day moving average is $933.98.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating the consensus estimate of $3.87 by $0.14. The company 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 firm’s revenue was down 9.5% on a year-over-year basis. During the same period in the prior year, the firm posted $5.37 earnings per share. Research analysts forecast that ASML Holding will post 20.38 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were given a dividend of $1.8732 per share. The ex-dividend date of this dividend was Monday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.89%. ASML’s dividend payout ratio (DPR) is 28.55%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Susquehanna upped their target price on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research note on Thursday, July 11th. Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. upped their target price on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research note on Thursday, July 18th. Wells Fargo & Company upped their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research note on Monday, June 17th. Finally, UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,147.80.

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.