IFP Advisors Inc Sells 804 Shares of ASML Holding NV (NASDAQ:ASML)

IFP Advisors Inc trimmed its position in ASML Holding NV (NASDAQ:ASML) by 26.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,233 shares of the semiconductor company’s stock after selling 804 shares during the quarter. IFP Advisors Inc’s holdings in ASML were worth $388,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Cavalier Investments LLC purchased a new position in shares of ASML in the third quarter worth about $360,000. Sei Investments Co. raised its position in ASML by 11.8% during the third quarter. Sei Investments Co. now owns 737,887 shares of the semiconductor company’s stock valued at $126,326,000 after acquiring an additional 77,648 shares in the last quarter. Zions Bancorporation raised its position in ASML by 5,802.2% during the third quarter. Zions Bancorporation now owns 2,715 shares of the semiconductor company’s stock valued at $465,000 after acquiring an additional 2,669 shares in the last quarter. Parametric Portfolio Associates LLC raised its position in ASML by 5.3% during the third quarter. Parametric Portfolio Associates LLC now owns 515,306 shares of the semiconductor company’s stock valued at $88,220,000 after acquiring an additional 25,949 shares in the last quarter. Finally, Aperio Group LLC raised its position in ASML by 6.6% during the third quarter. Aperio Group LLC now owns 97,174 shares of the semiconductor company’s stock valued at $16,636,000 after acquiring an additional 6,034 shares in the last quarter. Hedge funds and other institutional investors own 16.58% of the company’s stock.

Shares of ASML Holding NV (ASML) opened at $184.05 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.70 and a quick ratio of 1.81. The company has a market capitalization of $78,967.27, a P/E ratio of 33.46, a price-to-earnings-growth ratio of 1.35 and a beta of 1.15. ASML Holding NV has a 1-year low of $119.83 and a 1-year high of $208.58.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 17th. The semiconductor company reported $1.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.25 by $0.52. The firm had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.15 billion. ASML had a return on equity of 21.16% and a net margin of 24.28%. The business’s revenue was up 34.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.23 earnings per share. equities research analysts anticipate that ASML Holding NV will post 7.31 EPS for the current year.

The company also recently declared an annual dividend, which will be paid on Wednesday, May 9th. Stockholders of record on Monday, April 30th will be paid a $1.7181 dividend. The ex-dividend date of this dividend is Friday, April 27th. This is a positive change from ASML’s previous annual dividend of $0.71. This represents a dividend yield of 0.84%. ASML’s payout ratio is currently 20.22%.

ASML announced that its Board of Directors has initiated a share buyback program on Wednesday, January 17th that permits the company to repurchase outstanding shares. This repurchase authorization permits the semiconductor company to purchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Several research analysts recently weighed in on the company. Zacks Investment Research upgraded ASML from a “hold” rating to a “buy” rating and set a $228.00 price target for the company in a research report on Friday, January 19th. BidaskClub upgraded ASML from a “hold” rating to a “buy” rating in a research report on Friday, January 19th. Royal Bank of Canada lifted their price target on ASML to $210.00 and gave the company a “sector perform” rating in a research report on Thursday, January 18th. They noted that the move was a valuation call. B. Riley lifted their price target on ASML from $166.00 to $200.00 and gave the company a “neutral” rating in a research report on Wednesday, January 17th. Finally, Credit Suisse Group upgraded ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, January 15th. Two research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. ASML currently has a consensus rating of “Buy” and a consensus price target of $196.29.

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About ASML

ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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