Sfmg LLC Reduces Stake in ASML Holding (NASDAQ:ASML)

Sfmg LLC lessened its holdings in shares of ASML Holding (NASDAQ:ASML) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 479 shares of the semiconductor company’s stock after selling 31 shares during the period. Sfmg LLC’s holdings in ASML were worth $363,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Townsquare Capital LLC boosted its position in shares of ASML by 11.5% during the third quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock valued at $5,013,000 after buying an additional 881 shares during the period. Savoie Capital LLC purchased a new position in shares of ASML during the third quarter valued at approximately $14,658,000. International Assets Investment Management LLC boosted its position in shares of ASML by 48,040.7% during the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after buying an additional 245,488 shares during the period. CenterBook Partners LP boosted its holdings in shares of ASML by 69.2% in the third quarter. CenterBook Partners LP now owns 11,529 shares of the semiconductor company’s stock valued at $6,787,000 after purchasing an additional 4,716 shares during the period. Finally, Griffin Asset Management Inc. boosted its holdings in shares of ASML by 9.3% in the fourth quarter. Griffin Asset Management Inc. now owns 19,608 shares of the semiconductor company’s stock valued at $14,842,000 after purchasing an additional 1,661 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Raymond James boosted their price target on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a report on Thursday, January 25th. Susquehanna boosted their price target on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a report on Friday, January 26th. Sanford C. Bernstein lowered their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Wells Fargo & Company boosted their price target on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Stock Performance

Shares of ASML stock opened at $907.61 on Thursday. The business’s fifty day simple moving average is $960.66 and its 200-day simple moving average is $791.11. The company has a market cap of $358.13 billion, a PE ratio of 42.19, a PEG ratio of 2.36 and a beta of 1.48. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. The business had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.34 billion. ASML had a return on equity of 68.32% and a net margin of 28.44%. Analysts expect that ASML Holding will post 20.4 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be given a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s payout ratio is presently 24.59%.

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.