Hollow Brook Wealth Management LLC Buys 179 Shares of ASML Holding (NASDAQ:ASML)

Hollow Brook Wealth Management LLC increased its stake in ASML Holding (NASDAQ:ASML) by 6.8% in the third quarter, Holdings Channel.com reports. The firm owned 2,797 shares of the semiconductor company’s stock after purchasing an additional 179 shares during the quarter. Hollow Brook Wealth Management LLC’s holdings in ASML were worth $2,331,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Fisher Asset Management LLC grew its stake in ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after purchasing an additional 31,879 shares in the last quarter. Edgewood Management LLC increased its position in ASML by 3.3% during the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after acquiring an additional 70,776 shares during the period. Van ECK Associates Corp boosted its holdings 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 valued at $1,464,061,000 after purchasing an additional 474,653 shares during the period. Mercer Global Advisors Inc. ADV grew its position in shares of ASML by 4,379.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after purchasing an additional 870,010 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of ASML by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 817,709 shares of the semiconductor company’s stock worth $836,300,000 after purchasing an additional 2,085 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ ASML opened at $684.20 on Monday. The firm’s fifty day moving average price is $732.20 and its two-hundred day moving average price is $864.88. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The stock has a market cap of $269.18 billion, a PE ratio of 35.95, a PEG ratio of 1.99 and a beta of 1.51.

ASML (NASDAQ:ASML) last announced its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, equities analysts expect that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were paid a $1.407 dividend. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.82%. ASML’s dividend payout ratio is currently 29.21%.

Analyst Upgrades and Downgrades

ASML has been the subject of several recent research reports. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday. 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, JPMorgan Chase & Co. reduced 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 research note on Thursday, October 17th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $961.00.

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.