Threadgill Financial LLC Takes $265,000 Position in ASML Holding (NASDAQ:ASML)

Threadgill Financial LLC bought a new position in ASML Holding (NASDAQ:ASML) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 383 shares of the semiconductor company’s stock, valued at approximately $265,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fairway Wealth LLC bought a new position in shares of ASML during the third quarter valued at about $25,000. Resources Management Corp CT ADV bought a new position in ASML during the 2nd quarter valued at approximately $26,000. Milestone Investment Advisors LLC purchased a new stake in ASML in the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC grew its position in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after buying an additional 15 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new position in shares of ASML during the third quarter valued at approximately $43,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Susquehanna dropped their price target 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 cut their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. JPMorgan Chase & Co. lowered their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Finally, Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $943.83.

ASML Trading Down 0.7 %

ASML stock opened at $739.01 on Monday. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The business’s fifty day simple moving average is $699.90 and its two-hundred day simple moving average is $805.98. The company has a market capitalization of $290.74 billion, a price-to-earnings ratio of 38.69, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, equities analysts predict that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were issued a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s payout ratio is 29.21%.

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.