J.W. Cole Advisors Inc. Purchases 279 Shares of ASML Holding (NASDAQ:ASML)

J.W. Cole Advisors Inc. increased its stake in shares of ASML Holding (NASDAQ:ASML) by 31.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,156 shares of the semiconductor company’s stock after acquiring an additional 279 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in ASML were worth $1,182,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. American Capital Advisory LLC bought a new position in ASML during the first quarter worth $26,000. WD Rutherford LLC acquired a new position in ASML during the first quarter worth $29,000. Triad Wealth Partners LLC acquired a new position in ASML during the second quarter worth $31,000. First Community Trust NA acquired a new position in ASML during the second quarter worth $34,000. Finally, POM Investment Strategies LLC acquired a new position in ASML during the second quarter worth $36,000. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the stock. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. 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 report on Monday, June 17th. Susquehanna increased their target price on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. Finally, 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. Three 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,147.80.

ASML Price Performance

Shares of NASDAQ:ASML opened at $816.36 on Monday. 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 capitalization of $322.13 billion, a PE ratio of 41.69, a P/E/G ratio of 1.96 and a beta of 1.49. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,110.09. The company has a 50-day moving average price of $898.19 and a two-hundred day moving average price of $945.50.

ASML (NASDAQ:ASML) last issued its earnings results 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. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. During the same quarter last year, the business earned $5.37 earnings per share. The company’s quarterly revenue was down 9.5% on a year-over-year basis. Equities analysts forecast that ASML Holding will post 20.38 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were given a $1.8732 dividend. 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 0.92%. The ex-dividend date was Monday, July 29th. ASML’s dividend payout ratio (DPR) is 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.