Zevin Asset Management LLC Has $10.73 Million Position in ASML Holding N.V. (NASDAQ:ASML)

Zevin Asset Management LLC reduced its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 4.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,198 shares of the semiconductor company's stock after selling 708 shares during the period. ASML accounts for about 1.7% of Zevin Asset Management LLC's portfolio, making the stock its 28th largest holding. Zevin Asset Management LLC's holdings in ASML were worth $10,733,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Putney Financial Group LLC increased its stake in shares of ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 29 shares during the last quarter. Wayfinding Financial LLC bought a new stake in shares of ASML during the 1st quarter worth about $35,000. Pinnacle Bancorp Inc. bought a new stake in shares of ASML during the 1st quarter worth about $42,000. Olde Wealth Management LLC bought a new stake in shares of ASML during the 1st quarter worth about $42,000. Finally, Alpine Bank Wealth Management bought a new stake in shares of ASML during the 1st quarter worth about $43,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

Shares of ASML stock traded down $14.17 on Tuesday, reaching $705.51. 1,933,880 shares of the stock were exchanged, compared to its average volume of 1,757,354. The firm has a market cap of $277.56 billion, a PE ratio of 29.43, a P/E/G ratio of 1.49 and a beta of 1.73. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The firm's 50 day moving average is $769.62 and its 200-day moving average is $728.20. ASML Holding N.V. has a one year low of $578.51 and a one year high of $945.05.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. ASML's revenue for the quarter was up 23.2% on a year-over-year basis. During the same period in the previous year, the company earned $4.01 EPS. As a group, analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, July 29th. This represents a $7.42 annualized dividend and a yield of 1.05%. ASML's dividend payout ratio is presently 29.67%.

Analysts Set New Price Targets

Several brokerages recently commented on ASML. Wells Fargo & Company lifted their target price on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna reduced 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. Sanford C. Bernstein assumed coverage on shares of ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Finally, DZ Bank downgraded shares of ASML from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 16th. Six investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, ASML presently has an average rating of "Moderate Buy" and an average target price of $923.80.

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.

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.