Commonwealth Equity Services LLC Sells 385 Shares of ASML Holding N.V. $ASML

Commonwealth Equity Services LLC lowered its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 0.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 50,147 shares of the semiconductor company’s stock after selling 385 shares during the quarter. Commonwealth Equity Services LLC’s holdings in ASML were worth $90,850,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of ASML. Van ECK Associates Corp grew its holdings in shares of ASML by 31.7% in the second quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock valued at $4,892,869,000 after acquiring an additional 592,125 shares in the last quarter. Sei Investments Co. lifted its holdings in ASML by 223.7% during the first quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock worth $379,368,000 after acquiring an additional 198,505 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in ASML during the third quarter worth $311,859,000. Amundi lifted its holdings in ASML by 498.0% during the second quarter. Amundi now owns 156,791 shares of the semiconductor company’s stock worth $311,926,000 after acquiring an additional 130,573 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in ASML by 6.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock worth $2,168,227,000 after purchasing an additional 96,860 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 5.0%

NASDAQ:ASML opened at $1,424.75 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $549.13 billion, a PE ratio of 35.08, a price-to-earnings-growth ratio of 0.63 and a beta of 1.80. The firm’s 50 day moving average is $1,677.25 and its 200 day moving average is $1,599.85. ASML Holding N.V. has a 12 month low of $946.11 and a 12 month high of $1,999.96.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. The business had revenue of $13.27 billion for the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. Sell-side analysts expect that ASML Holding N.V. will post 46.54 earnings per share for the current year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th were paid a $2.1077 dividend. The ex-dividend date was Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a yield of 0.6%. This is a decrease from ASML’s previous quarterly dividend of $2.1507. ASML’s dividend payout ratio (DPR) is presently 17.55%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ASML. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research note on Wednesday, September 30th. Barclays reiterated an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. UBS Group reiterated a “buy” rating on shares of ASML in a research note on Monday, September 28th. Wells Fargo & Company boosted their price target on shares of ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Finally, Weiss Ratings lowered shares of ASML from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average price target of $2,204.71.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers.

The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.