ASML Holding N.V. $ASML Shares Sold by Freestone Capital Holdings LLC

Freestone Capital Holdings LLC cut its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 14.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 428 shares of the semiconductor company’s stock after selling 74 shares during the quarter. Freestone Capital Holdings LLC’s holdings in ASML were worth $343,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its holdings in 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 last quarter. Dimensional Fund Advisors LP boosted its holdings in ASML by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 905,708 shares of the semiconductor company’s stock valued at $600,175,000 after purchasing an additional 7,164 shares during the last quarter. Invesco Ltd. boosted its holdings in ASML by 101.0% in the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after purchasing an additional 367,505 shares during the last quarter. Fayez Sarofim & Co boosted its holdings in ASML by 2.7% in the 1st quarter. Fayez Sarofim & Co now owns 710,668 shares of the semiconductor company’s stock valued at $470,910,000 after purchasing an additional 18,516 shares during the last quarter. Finally, First Manhattan CO. LLC. boosted its holdings in ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after purchasing an additional 268,172 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML stock opened at $1,030.14 on Wednesday. The firm’s 50 day moving average price is $936.25 and its 200-day moving average price is $810.02. 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 one year low of $578.51 and a one year high of $1,086.11. The firm has a market cap of $405.14 billion, a P/E ratio of 41.93, a P/E/G ratio of 1.76 and a beta of 1.87.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The company had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The firm’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the prior year, the business earned $5.28 EPS. As a group, equities research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current 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 issued a dividend of $1.857 per share. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date is Wednesday, October 29th. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. ASML’s dividend payout ratio (DPR) is currently 25.76%.

Analyst Ratings Changes

Several research firms have weighed in on ASML. UBS Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, October 15th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, October 15th. Bank Degroof lowered shares of ASML to a “hold” rating in a research note on Friday, October 10th. Sanford C. Bernstein restated a “market perform” rating on shares of ASML in a report on Wednesday, October 29th. Finally, Susquehanna upped their price objective on shares of ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a report on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,051.60.

ASML Company 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.