Campbell Capital Management Inc. Takes $3.61 Million Position in ASML Holding N.V. $ASML

Campbell Capital Management Inc. bought a new position in ASML Holding N.V. (NASDAQ:ASML) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 4,500 shares of the semiconductor company’s stock, valued at approximately $3,606,000. ASML accounts for approximately 1.4% of Campbell Capital Management Inc.’s investment portfolio, making the stock its 21st biggest position.

Other hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC grew its position in ASML by 6.3% during the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after acquiring an additional 250,934 shares during the last quarter. Franklin Resources Inc. increased its position in ASML by 5.2% during the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after purchasing an additional 37,994 shares during the period. First Manhattan CO. LLC. lifted its holdings in ASML by 61.0% in the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after buying an additional 268,172 shares during the period. Northern Trust Corp raised its holdings in ASML by 3.4% in the first quarter. Northern Trust Corp now owns 690,566 shares of the semiconductor company’s stock worth $457,590,000 after purchasing an additional 22,541 shares in the last quarter. Finally, Amundi boosted its stake in ASML by 91.6% during the first quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock worth $403,215,000 after acquiring an additional 307,214 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on ASML shares. Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. Sanford C. Bernstein reiterated a “neutral” rating on shares of ASML in a research report on Thursday. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Rothschild & Co Redburn raised shares of ASML from a “neutral” rating to a “buy” rating in a report on Friday, November 7th. Finally, DZ Bank reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,171.83.

ASML Stock Down 3.7%

Shares of NASDAQ ASML opened at $1,080.85 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,141.72. The company has a 50-day moving average of $1,039.93 and a 200 day moving average of $876.75. The stock has a market cap of $425.08 billion, a PE ratio of 43.99, a P/E/G ratio of 1.68 and a beta of 1.87.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, beating the consensus estimate of $6.27 by $0.14. The company had revenue of $8.80 billion for the quarter, compared to analyst estimates of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. ASML’s revenue was up .7% on a year-over-year basis. During the same period in the previous year, the business posted $5.28 EPS. As a group, sell-side analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were given a $1.857 dividend. The ex-dividend date of this dividend was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. ASML’s dividend payout ratio is currently 25.80%.

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.