Coppell Advisory Solutions LLC Sells 661 Shares of ASML Holding N.V. $ASML

Key Points

• Coppell Advisory Solutions LLC cut its ASML stake by 54.7% in the second quarter, selling 661 shares and retaining 548 shares valued at approximately $1.09 million.
• Other major institutional investors increased their holdings, while institutional ownership of ASML stood at 26.07%.
• ASML reported quarterly revenue of $10.62 billion and EPS of $8.65. Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $1,970.33 versus the reported share price of $1,682.30.

Coppell Advisory Solutions LLC lowered its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 54.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 548 shares of the semiconductor company's stock after selling 661 shares during the period. Coppell Advisory Solutions LLC's holdings in ASML were worth $1,090,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in ASML. Arrowstreet Capital Limited Partnership raised its holdings in shares of ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company's stock valued at $1,652,618,000 after purchasing an additional 1,022,532 shares in the last quarter. Van ECK Associates Corp raised its position in shares of ASML by 31.7% in the 2nd quarter. Van ECK Associates Corp now owns 2,459,420 shares of the semiconductor company's stock worth $4,892,869,000 after acquiring an additional 592,125 shares in the last quarter. 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 purchasing an additional 198,505 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in ASML by 14.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company's stock valued at $1,633,046,000 after purchasing an additional 193,068 shares in the last quarter. Finally, Invesco Ltd. boosted its position in ASML by 21.3% during the third quarter. Invesco Ltd. now owns 849,602 shares of the semiconductor company's stock valued at $822,492,000 after purchasing an additional 148,948 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Up 1.0%

Shares of ASML stock opened at $1,682.30 on Thursday. The firm has a 50-day simple moving average of $1,756.50 and a two-hundred day simple moving average of $1,598.34. The company has a market cap of $661.61 billion, a P/E ratio of 52.34, a price-to-earnings-growth ratio of 0.82 and a beta of 1.79. ASML Holding N.V. has a fifty-two week low of $729.56 and a fifty-two week high of $1,999.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The business had revenue of $10.62 billion for the quarter. As a group, equities analysts predict that ASML Holding N.V. will post 44.99 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th were issued a $2.1507 dividend. This represents a $8.60 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML's dividend payout ratio (DPR) is presently 22.62%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Royal Bank Of Canada boosted their price objective on shares of ASML from $1,700.00 to $2,000.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 14th. Zacks Research downgraded shares of ASML from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 3rd. The Goldman Sachs Group reiterated a "buy" rating on shares of ASML in a research note on Thursday, June 11th. Weiss Ratings raised shares of ASML from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, July 17th. Finally, Wall Street Zen downgraded ASML from a "buy" rating to a "hold" rating in a research report on Saturday, August 15th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $1,970.33.

About ASML

ASML Holding N.V. NASDAQ: ASML is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML's product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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