ASML Holding (NASDAQ:ASML) Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. cut its holdings in shares of ASML Holding (NASDAQ:ASML) by 46.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 473 shares of the semiconductor company’s stock after selling 410 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in ASML were worth $484,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. American Capital Advisory LLC acquired a new position in ASML in the first quarter worth about $26,000. WD Rutherford LLC acquired a new position in ASML in the first quarter worth about $29,000. Triad Wealth Partners LLC acquired a new position in ASML in the second quarter worth about $31,000. Beaird Harris Wealth Management LLC acquired a new position in ASML in the fourth quarter worth about $34,000. Finally, First Community Trust NA acquired a new position in ASML in the second quarter worth about $34,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

NASDAQ ASML opened at $805.69 on Wednesday. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,110.09. 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 firm has a market capitalization of $317.92 billion, a PE ratio of 41.15, a P/E/G ratio of 1.96 and a beta of 1.49. The company’s 50 day simple moving average is $887.62 and its 200 day simple moving average is $943.15.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.87 by $0.14. The firm had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.37 earnings per share. As a group, equities research analysts forecast that ASML Holding will post 20.38 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were given a $1.8732 dividend. This is a positive change 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 yield of 0.93%. ASML’s payout ratio is 28.50%.

Wall Street Analyst Weigh In

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

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.