Assetmark Inc. Sells 258 Shares of ASML Holding N.V. $ASML

Assetmark Inc. cut its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 0.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 33,645 shares of the semiconductor company’s stock after selling 258 shares during the period. Assetmark Inc.’s holdings in ASML were worth $26,963,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ASML. Goldman Sachs Group Inc. grew its position 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 valued at $631,079,000 after purchasing an additional 199,740 shares during the period. Dimensional Fund Advisors LP lifted its stake in ASML by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock valued at $600,175,000 after buying an additional 7,164 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of ASML by 101.0% in the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after buying an additional 367,505 shares during the period. Fayez Sarofim & Co increased its position in shares of ASML by 2.7% during the first quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company’s stock worth $470,910,000 after acquiring an additional 18,516 shares in the last quarter. Finally, First Manhattan CO. LLC. increased its position in shares of ASML by 61.0% during the first 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 in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Arete Research raised shares of ASML to a “strong-buy” rating in a research report on Friday, September 12th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday, October 13th. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,051.60.

ASML Trading Up 0.4%

ASML stock opened at $1,075.45 on Friday. The stock has a 50-day simple moving average of $918.58 and a 200 day simple moving average of $799.57. The stock has a market capitalization of $422.95 billion, a P/E ratio of 43.77, a PEG ratio of 1.76 and a beta of 1.87. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,086.11.

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

ASML Increases Dividend

The business also recently disclosed 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 represents a $7.43 dividend on an annualized basis and a yield of 0.7%. 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. ASML’s dividend payout ratio (DPR) is presently 25.68%.

About ASML

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.