TFB Advisors LLC Reduces Stock Position in ASML Holding N.V. $ASML

TFB Advisors LLC reduced its holdings in ASML Holding N.V. (NASDAQ:ASML) by 29.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 622 shares of the semiconductor company’s stock after selling 263 shares during the period. TFB Advisors LLC’s holdings in ASML were worth $498,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in ASML. T. Rowe Price Investment Management Inc. bought a new stake in shares of ASML in the 1st quarter worth about $360,262,000. Invesco Ltd. lifted its holdings in shares of ASML by 101.0% in the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after acquiring an additional 367,505 shares during the last quarter. Amundi lifted its holdings in shares of ASML by 91.6% in the 1st quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock worth $403,215,000 after acquiring an additional 307,214 shares during the last quarter. First Manhattan CO. LLC. lifted its holdings in shares of ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after acquiring an additional 268,172 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of ASML by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after acquiring an additional 199,740 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Down 1.3%

NASDAQ ASML opened at $1,011.57 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The company has a market capitalization of $397.83 billion, a price-to-earnings ratio of 41.17, a price-to-earnings-growth ratio of 1.69 and a beta of 1.87. The company’s 50-day simple moving average is $881.48 and its two-hundred day simple moving average is $781.44. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,059.00.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. The business had revenue of $8.71 billion for the quarter, compared to the consensus estimate of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter last year, the firm posted $5.28 EPS. Equities analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be given a dividend of $1.857 per share. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. ASML’s payout ratio is 25.56%.

Wall Street Analyst Weigh In

ASML has been the subject of a number of research analyst reports. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Thursday, October 16th. Wells Fargo & Company lifted their price objective on shares of ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Thursday, October 16th. Morgan Stanley upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. Finally, Hsbc Global Res upgraded shares of ASML to a “strong-buy” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $1,051.60.

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.