Private Advisor Group LLC Lowers Stock Position in ASML Holding N.V. (NASDAQ:ASML)

Private Advisor Group LLC decreased its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 69.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 8,618 shares of the semiconductor company's stock after selling 19,970 shares during the period. Private Advisor Group LLC's holdings in ASML were worth $5,710,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of ASML. Norinchukin Bank The raised its holdings in ASML by 1.8% during the fourth quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock worth $594,000 after buying an additional 15 shares during the last quarter. Coppell Advisory Solutions LLC raised its holdings in ASML by 18.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock worth $67,000 after buying an additional 15 shares during the last quarter. Sage Mountain Advisors LLC raised its holdings in shares of ASML by 2.6% in the first quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock valued at $399,000 after purchasing an additional 15 shares during the last quarter. Nilsine Partners LLC raised its holdings in shares of ASML by 2.6% in the first quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock valued at $418,000 after purchasing an additional 16 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in shares of ASML by 3.2% in the first quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company's stock valued at $342,000 after purchasing an additional 16 shares during the last quarter. Institutional investors own 26.07% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ASML. Jefferies Financial Group downgraded shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Sanford C. Bernstein began coverage on shares of ASML in a report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price for the company. Susquehanna lowered their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Finally, Wells Fargo & Company increased their target price on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Six analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $923.80.

ASML Stock Performance

NASDAQ ASML traded down $14.20 during trading hours on Tuesday, reaching $705.48. 3,420,141 shares of the company were exchanged, compared to its average volume of 1,762,211. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $945.05. The business's 50 day simple moving average is $769.62 and its 200-day simple moving average is $728.20. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $277.55 billion, a P/E ratio of 30.04, a P/E/G ratio of 1.46 and a beta of 1.73.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The company had revenue of $8.94 billion for the quarter, compared to analysts' expectations of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%. The business's quarterly revenue was up 23.2% on a year-over-year basis. During the same quarter last year, the business posted $4.01 EPS. On average, equities research analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be paid a $1.856 dividend. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Tuesday, July 29th. ASML's dividend payout ratio (DPR) is currently 29.67%.

ASML 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.