Woodley Farra Manion Portfolio Management Inc. Sells 11,442 Shares of ASML Holding N.V. $ASML

Woodley Farra Manion Portfolio Management Inc. lowered its position in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 19.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 47,321 shares of the semiconductor company’s stock after selling 11,442 shares during the period. ASML comprises approximately 4.3% of Woodley Farra Manion Portfolio Management Inc.’s holdings, making the stock its 3rd largest position. Woodley Farra Manion Portfolio Management Inc.’s holdings in ASML were worth $85,730,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Van ECK Associates Corp raised its holdings in shares of ASML by 31.7% in the second quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company’s stock worth $4,892,869,000 after buying an additional 592,125 shares during the period. Sei Investments Co. lifted its stake in shares of ASML by 223.7% during the 1st quarter. Sei Investments Co. now owns 287,225 shares of the semiconductor company’s stock worth $379,368,000 after acquiring an additional 198,505 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of ASML during the 3rd quarter worth approximately $311,859,000. Amundi lifted its stake in shares of ASML by 498.0% during the 2nd quarter. Amundi now owns 156,791 shares of the semiconductor company’s stock worth $311,926,000 after acquiring an additional 130,573 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in ASML by 6.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after acquiring an additional 96,860 shares during the period. Institutional investors own 26.07% of the company’s stock.

More ASML News

Here are the key news stories impacting ASML this week:

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ASML shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $2,100.00 target price on shares of ASML in a research note on Wednesday, October 7th. Weiss Ratings lowered shares of ASML from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 30th. Argus set a $2,100.00 price target on shares of ASML in a report on Thursday, July 16th. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a report on Monday, September 14th. Finally, Wells Fargo & Company raised their price target on shares of ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $2,204.71.

Get Our Latest Analysis on ASML

ASML Trading Down 0.4%

ASML opened at $1,507.85 on Wednesday. The firm has a market cap of $581.16 billion, a price-to-earnings ratio of 37.12, a PEG ratio of 0.63 and a beta of 1.80. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 12 month low of $946.11 and a 12 month high of $1,999.96. The stock has a fifty day moving average price of $1,669.83 and a 200-day moving average price of $1,601.18.

ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. The firm had revenue of $13.27 billion for the quarter. As a group, equities research analysts anticipate that ASML Holding N.V. will post 46.54 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th were given a dividend of $2.1077 per share. The ex-dividend date of this dividend was Tuesday, October 27th. This represents a $8.43 annualized dividend and a yield of 0.6%. This is a decrease from ASML’s previous quarterly dividend of $2.1507. ASML’s dividend payout ratio is currently 17.55%.

ASML Profile

(Free Report)

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers. The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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