Strategic Global Advisors LLC Decreases Stake in ASML Holding (NASDAQ:ASML)

Strategic Global Advisors LLC lessened its holdings in shares of ASML Holding (NASDAQ:ASMLFree Report) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,348 shares of the semiconductor company’s stock after selling 33 shares during the period. Strategic Global Advisors LLC’s holdings in ASML were worth $1,020,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ASML. Toth Financial Advisory Corp boosted its position in shares of ASML by 11.5% during the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after purchasing an additional 13 shares during the period. Slow Capital Inc. boosted its stake in ASML by 0.3% in the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after acquiring an additional 13 shares in the last quarter. Alera Investment Advisors LLC grew its stake in ASML by 2.9% during the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock worth $372,000 after buying an additional 14 shares during the last quarter. Marcum Wealth LLC increased its holdings in shares of ASML by 3.2% in the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after acquiring an additional 15 shares during the period. Finally, Allred Capital Management LLC increased its stake in ASML by 1.4% in the fourth quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock valued at $817,000 after purchasing an additional 15 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ASML shares. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. HSBC began coverage on shares of ASML in a report on Thursday, February 22nd. They set a “buy” rating for the company. Wells Fargo & Company lifted their price objective on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Evercore ISI initiated coverage on ASML in a research note on Tuesday, April 16th. They set an “outperform” rating for the company. Finally, Sanford C. Bernstein decreased their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.

Get Our Latest Stock Report on ASML

ASML Price Performance

NASDAQ:ASML opened at $1,041.71 on Tuesday. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The firm has a market cap of $411.05 billion, a price-to-earnings ratio of 53.20, a price-to-earnings-growth ratio of 2.17 and a beta of 1.49. The company’s 50-day moving average is $940.97 and its two-hundred day moving average is $875.37. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34.

ASML (NASDAQ:ASMLGet Free Report) last issued its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. The company had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Research analysts expect that ASML Holding will post 20.12 EPS for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were issued a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.52%. ASML’s payout ratio is currently 32.53%.

About ASML

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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