ASML Holding N.V. $ASML Shares Sold by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC trimmed its holdings in ASML Holding N.V. (NASDAQ:ASML) by 54.7% during the second quarter, HoldingsChannel reports. The firm owned 548 shares of the semiconductor company’s stock after selling 661 shares during the period. Coppell Advisory Solutions LLC’s holdings in ASML were worth $1,090,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Atticus Wealth Management LLC raised its holdings in shares of ASML by 5.4% during the 2nd quarter. Atticus Wealth Management LLC now owns 450 shares of the semiconductor company’s stock worth $895,000 after acquiring an additional 23 shares during the period. Beacon Financial Advisory LLC acquired a new stake in ASML during the second quarter worth about $205,000. Tsfg LLC acquired a new stake in ASML during the second quarter worth about $44,000. Bornite Capital Management LP purchased a new position in ASML during the second quarter worth about $49,736,000. Finally, Symphony Financial Ltd. Co. purchased a new position in ASML during the second quarter worth about $342,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

ASML stock opened at $1,682.30 on Thursday. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $661.61 billion, a PE ratio of 52.34, a P/E/G ratio of 0.82 and a beta of 1.79. ASML Holding N.V. has a 12-month low of $729.56 and a 12-month high of $1,999.96. The business’s fifty day moving average price is $1,756.50 and its 200 day moving average price is $1,598.34.

ASML (NASDAQ:ASML) last posted its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The firm had revenue of $10.62 billion for the quarter. On average, sell-side analysts anticipate that ASML Holding N.V. will post 44.99 EPS for the current year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were given a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s dividend payout ratio is currently 22.62%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ASML. JPMorgan Chase & Co. increased their price target on shares of ASML from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. UBS Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, July 1st. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Citigroup reissued a “buy” rating on shares of ASML in a research note on Friday, July 17th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,970.33.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.