ASML Holding N.V. $ASML Shares Sold by Rossby Financial LCC

Rossby Financial LCC lessened its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 21.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 157 shares of the semiconductor company’s stock after selling 44 shares during the period. Rossby Financial LCC’s holdings in ASML were worth $126,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ASML. Princeton Global Asset Management LLC grew its position in ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 20 shares during the period. Banque Cantonale Vaudoise purchased a new stake in ASML during the first quarter valued at about $27,000. Washington Trust Advisors Inc. grew its position in ASML by 129.4% during the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 22 shares during the period. Maseco LLP purchased a new stake in ASML during the second quarter valued at about $32,000. Finally, Knuff & Co LLC purchased a new stake in ASML during the first quarter valued at about $33,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Hsbc Global Res raised ASML to a “strong-buy” rating in a research report on Monday, October 6th. Zacks Research raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Arete Research raised ASML to a “strong-buy” rating in a research report on Friday, September 12th. Barclays reaffirmed an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. Finally, HSBC reaffirmed a “buy” rating on shares of ASML in a research report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,051.60.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,052.48 on Wednesday. The company has a market capitalization of $413.92 billion, a price-to-earnings ratio of 42.84, a PEG ratio of 1.75 and a beta of 1.87. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,060.73. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The business has a 50-day moving average of $905.35 and a 200-day moving average of $794.83.

ASML (NASDAQ:ASML) last issued its quarterly 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 firm had revenue of $8.71 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.ASML’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.28 earnings per share. On average, equities analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be issued a $1.857 dividend. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 25.56%.

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.