Citizens Financial Group Inc. RI Invests $201,000 in ASML Holding (NASDAQ:ASML)

Citizens Financial Group Inc. RI bought a new position in ASML Holding (NASDAQ:ASML) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 197 shares of the semiconductor company’s stock, valued at approximately $201,000.

Other large investors have also recently modified their holdings of the company. Harvard Management Co. Inc. increased its stake in shares of ASML by 239.8% in 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. increased its stake in shares of ASML by 41.1% in 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. Cetera Investment Advisers increased its stake in shares of ASML by 169.4% in 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. Burford Brothers Inc. purchased a new position in shares of ASML in the fourth quarter worth about $761,000. Finally, Montag A & Associates Inc. increased its stake in shares of ASML by 25,520.0% in the first quarter. Montag A & Associates Inc. now owns 1,281 shares of the semiconductor company’s stock worth $1,243,000 after purchasing an additional 1,276 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ASML. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Susquehanna boosted 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 note on Thursday, July 11th. Wells Fargo & Company boosted their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. JPMorgan Chase & Co. boosted 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 note on Thursday, July 18th. Finally, Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,147.80.

ASML Price Performance

ASML stock opened at $828.16 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. ASML Holding has a one year low of $563.99 and a one year high of $1,110.09. The stock has a market cap of $326.78 billion, a PE ratio of 42.30, a P/E/G ratio of 1.96 and a beta of 1.49. The firm has a 50 day simple moving average of $876.71 and a two-hundred day simple moving average of $941.27.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share 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 analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The business’s quarterly revenue was down 9.5% on a year-over-year basis. During the same period in the previous year, the business posted $5.37 EPS. On average, analysts predict that ASML Holding will post 20.38 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.90%. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. 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.