ASB Consultores LLC Decreases Stock Holdings in ASML Holding (NASDAQ:ASML)

ASB Consultores LLC lessened its stake in ASML Holding (NASDAQ:ASML) by 25.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 461 shares of the semiconductor company’s stock after selling 159 shares during the quarter. ASB Consultores LLC’s holdings in ASML were worth $471,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of ASML. Harvard Management Co. Inc. raised its holdings in shares of ASML by 239.8% in the second quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock worth $95,645,000 after buying an additional 66,000 shares during the last quarter. Salem Investment Counselors Inc. raised its stake in ASML by 41.1% in the 1st quarter. Salem Investment Counselors Inc. now owns 3,457 shares of the semiconductor company’s stock worth $3,355,000 after acquiring an additional 1,007 shares during the last quarter. Cetera Investment Advisers lifted its position in ASML by 169.4% during the 1st quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock worth $22,661,000 after acquiring an additional 14,682 shares during the period. Burford Brothers Inc. purchased a new stake in ASML during the 4th quarter valued at about $761,000. Finally, Montag A & Associates Inc. increased its holdings in shares of ASML by 25,520.0% in the first quarter. Montag A & Associates Inc. now owns 1,281 shares of the semiconductor company’s stock valued at $1,243,000 after purchasing an additional 1,276 shares during the period. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ASML has been the subject of a number of research reports. Wells Fargo & Company lifted their target price on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday, June 17th. Susquehanna upped their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. lifted their price objective on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Finally, Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,147.80.

ASML Price Performance

Shares of ASML stock opened at $828.16 on Friday. The business has a 50 day simple moving average of $876.71 and a two-hundred day simple moving average of $941.27. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. The stock has a market capitalization of $326.78 billion, a P/E ratio of 42.30, a PEG ratio of 1.96 and a beta of 1.49. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating analysts’ consensus estimates of $3.87 by $0.14. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. ASML’s quarterly revenue was down 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.37 EPS. As a group, analysts predict that ASML Holding will post 20.38 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were paid a $1.8732 dividend. This is a boost from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. This represents a $7.49 annualized dividend and a dividend yield of 0.90%. ASML’s dividend payout ratio is 28.50%.

ASML Company 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.