ASML Holding (NASDAQ:ASML) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC trimmed its stake in shares of ASML Holding (NASDAQ:ASML) by 1.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,026,896 shares of the semiconductor company’s stock after selling 11,567 shares during the quarter. Janus Henderson Group PLC’s holdings in ASML were worth $855,662,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Resources Management Corp CT ADV bought a new stake in ASML in the 2nd quarter valued at $26,000. Triad Wealth Partners LLC acquired a new stake in shares of ASML during the second quarter worth $31,000. Fairway Wealth LLC bought a new position in shares of ASML in the third quarter worth about $25,000. First Community Trust NA bought a new position in ASML in the 2nd quarter valued at approximately $34,000. Finally, Milestone Investment Advisors LLC acquired a new stake in shares of ASML during the 3rd quarter worth approximately $28,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Up 3.6 %

ASML stock opened at $711.47 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company’s 50 day moving average price is $732.20 and its two-hundred day moving average price is $864.88. The company has a market capitalization of $279.91 billion, a PE ratio of 37.25, a price-to-earnings-growth ratio of 1.99 and a beta of 1.49.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. As a group, analysts predict that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were issued a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is 29.21%.

Wall Street Analyst Weigh In

ASML has been the subject of a number of recent analyst reports. Wells Fargo & Company reduced their target price on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Susquehanna dropped their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Sanford C. Bernstein dropped their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday. Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Finally, Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $961.00.

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.