ASML Holding N.V. (NASDAQ:ASML) Shares Sold by Trivium Point Advisory LLC

Trivium Point Advisory LLC decreased its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 9.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,803 shares of the semiconductor company's stock after selling 524 shares during the period. Trivium Point Advisory LLC's holdings in ASML were worth $3,183,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Kovitz Investment Group Partners LLC increased its holdings in ASML by 130.5% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 2,727 shares of the semiconductor company's stock worth $1,807,000 after purchasing an additional 1,544 shares during the period. OneAscent Investment Solutions LLC purchased a new stake in ASML during the 1st quarter worth about $553,000. Vestmark Advisory Solutions Inc. increased its holdings in ASML by 120.2% during the 1st quarter. Vestmark Advisory Solutions Inc. now owns 9,922 shares of the semiconductor company's stock worth $6,575,000 after purchasing an additional 5,417 shares during the period. Ground Swell Capital LLC purchased a new stake in ASML during the 1st quarter worth about $360,000. Finally, Sit Investment Associates Inc. increased its holdings in ASML by 7.4% during the 1st quarter. Sit Investment Associates Inc. now owns 14,895 shares of the semiconductor company's stock worth $9,870,000 after purchasing an additional 1,025 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Trading Up 1.9%

Shares of ASML stock opened at $755.57 on Thursday. The business's 50 day moving average is $757.96 and its two-hundred day moving average is $724.63. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $945.05. The company has a market capitalization of $297.26 billion, a P/E ratio of 31.53, a price-to-earnings-growth ratio of 1.50 and a beta of 1.76. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing the consensus estimate of $5.94 by ($1.39). The business had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm's quarterly revenue was up 23.2% compared to the same quarter last year. During the same period in the prior year, the business earned $4.01 earnings per share. Equities analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were issued a $1.856 dividend. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. This is an increase from ASML's previous quarterly dividend of $1.64. ASML's payout ratio is 26.17%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. Citigroup reiterated a "buy" rating on shares of ASML in a report on Monday, May 19th. Wells Fargo & Company increased their price objective on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Finally, Susquehanna decreased their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Seven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $923.80.

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.

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