Good Life Advisors LLC Acquires 111 Shares of ASML Holding (NASDAQ:ASML)

Good Life Advisors LLC grew its holdings in ASML Holding (NASDAQ:ASML) by 52.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 324 shares of the semiconductor company’s stock after acquiring an additional 111 shares during the quarter. Good Life Advisors LLC’s holdings in ASML were worth $270,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Quad Cities Investment Group LLC bought a new position in ASML in the third quarter worth $438,000. Naviter Wealth LLC raised its stake in ASML by 4.2% during the third quarter. Naviter Wealth LLC now owns 7,906 shares of the semiconductor company’s stock worth $6,588,000 after acquiring an additional 318 shares in the last quarter. Walter Public Investments Inc. raised its stake in ASML by 29.7% during the third quarter. Walter Public Investments Inc. now owns 16,397 shares of the semiconductor company’s stock worth $13,663,000 after acquiring an additional 3,751 shares in the last quarter. Tamar Securities LLC raised its stake in ASML by 27.2% during the third quarter. Tamar Securities LLC now owns 22,851 shares of the semiconductor company’s stock worth $19,041,000 after acquiring an additional 4,888 shares in the last quarter. Finally, Bfsg LLC raised its stake in ASML by 126.9% during the third quarter. Bfsg LLC now owns 3,011 shares of the semiconductor company’s stock worth $2,509,000 after acquiring an additional 1,684 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of ASML stock opened at $723.26 on Monday. The stock has a 50-day moving average price of $834.43 and a 200 day moving average price of $915.67. 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 has a market cap of $285.39 billion, a price-to-earnings ratio of 36.94, a PEG ratio of 2.08 and a beta of 1.48. ASML Holding has a 12 month low of $573.86 and a 12 month high of $1,110.09.

ASML Cuts Dividend

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on ASML. Susquehanna dropped their price objective on 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. Wells Fargo & Company dropped their price objective on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Finally, Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.