GSA Capital Partners LLP Invests $1.46 Million in ASML Holding (NASDAQ:ASML)

GSA Capital Partners LLP acquired a new stake in ASML Holding (NASDAQ:ASML) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,754 shares of the semiconductor company’s stock, valued at approximately $1,462,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV raised its position in shares of ASML by 4,379.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock valued at $910,102,000 after buying an additional 870,010 shares during the last quarter. Fayez Sarofim & Co purchased a new stake in ASML during the 1st quarter valued at about $542,710,000. International Assets Investment Management LLC raised its holdings in ASML by 94,079.7% in the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after acquiring an additional 491,096 shares during the last quarter. Van ECK Associates Corp lifted its stake in ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after purchasing an additional 474,653 shares in the last quarter. Finally, GQG Partners LLC boosted its holdings in shares of ASML by 21.6% during the 1st quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock worth $1,608,921,000 after purchasing an additional 294,784 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of several recent research reports. Susquehanna cut their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. JPMorgan Chase & Co. cut their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Wells Fargo & Company cut their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Three research 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.com, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $970.60.

ASML Price Performance

Shares of ASML opened at $673.41 on Thursday. The firm has a 50-day simple moving average of $763.40 and a two-hundred day simple moving average of $886.15. The stock has a market cap of $264.93 billion, a PE ratio of 35.26, a P/E/G ratio of 1.93 and a beta of 1.51. ASML Holding has a 1-year low of $654.77 and a 1-year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

ASML (NASDAQ:ASML) last posted its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. As a group, analysts forecast that ASML Holding will post 20.77 EPS for the current year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were issued a $1.407 dividend. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.84%. ASML’s dividend payout ratio is presently 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.