Telos Capital Management Inc. Has $7.81 Million Holdings in ASML Holding (NASDAQ:ASML)

Telos Capital Management Inc. lifted its position in ASML Holding (NASDAQ:ASML) by 7.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,373 shares of the semiconductor company’s stock after acquiring an additional 685 shares during the period. Telos Capital Management Inc.’s holdings in ASML were worth $7,810,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. increased its stake in shares of ASML by 63.1% during the 1st quarter. NBC Securities Inc. now owns 106 shares of the semiconductor company’s stock worth $112,000 after purchasing an additional 41 shares during the last quarter. Hoxton Planning & Management LLC grew its holdings in ASML by 8.4% during the first quarter. Hoxton Planning & Management LLC now owns 296 shares of the semiconductor company’s stock worth $287,000 after purchasing an additional 23 shares during the period. First Financial Corp IN acquired a new position in ASML during the first quarter worth approximately $49,000. Security National Bank raised its stake in ASML by 4.3% in the first quarter. Security National Bank now owns 9,709 shares of the semiconductor company’s stock valued at $9,422,000 after buying an additional 398 shares during the period. Finally, Eagle Rock Investment Company LLC bought a new stake in ASML in the first quarter valued at approximately $207,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ ASML opened at $714.10 on Tuesday. The firm has a 50-day moving average price of $831.66 and a two-hundred day moving average price of $913.99. ASML Holding has a 12-month low of $573.86 and a 12-month high of $1,110.09. The company has a market capitalization of $281.78 billion, a P/E ratio of 36.47, a P/E/G ratio of 2.08 and a beta of 1.48. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, November 17th. Investors of record on Tuesday, October 29th will be paid a $1.407 dividend. This represents a $5.63 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 28.70%.

Analyst Ratings Changes

ASML has been the topic of a number of recent analyst reports. Wells Fargo & Company decreased their target price on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. JPMorgan Chase & Co. decreased their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Susquehanna cut their target price on shares of 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. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Sanford C. Bernstein lowered their price target on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a report on Monday. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $970.60.

About ASML

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.