Matrix Trust Co Invests $949,000 in ASML Holding N.V. $ASML

Matrix Trust Co bought a new position in ASML Holding N.V. (NASDAQ:ASML) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 477 shares of the semiconductor company’s stock, valued at approximately $949,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Cornerstone Financial Management LLC acquired a new position in shares of ASML in the 4th quarter valued at $26,000. Binnacle Investments Inc raised its holdings in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares during the period. Resources Management Corp CT ADV raised its holdings in ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares during the period. North Star Investment Management Corp. lifted its stake in ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc purchased a new stake in ASML during the fourth quarter valued at about $30,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ASML has been the topic of several analyst reports. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Zacks Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research report on Friday, July 10th. Freedom Capital raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Finally, Royal Bank Of Canada lifted their price objective on shares of ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Stock Performance

Shares of ASML stock opened at $1,740.99 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. ASML Holding N.V. has a fifty-two week low of $710.45 and a fifty-two week high of $1,999.96. The stock’s 50-day moving average is $1,770.13 and its two-hundred day moving average is $1,553.08. The firm has a market cap of $684.70 billion, a P/E ratio of 54.17, a PEG ratio of 0.87 and a beta of 1.79.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The business had revenue of $10.64 billion during the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. Analysts predict that ASML Holding N.V. will post 44.79 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s dividend payout ratio (DPR) is presently 22.62%.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.