ASML (NASDAQ:ASML) Trading Down 1%

ASML Holding (NASDAQ:ASML - Get Free Report) shares fell 1% on Monday . The stock traded as low as $901.08 and last traded at $909.95. 253,405 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 1,225,184 shares. The stock had previously closed at $918.97.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ASML. Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an "outperform" rating for the company. Susquehanna increased their target price on shares of ASML from $830.00 to $1,100.00 and gave the company a "positive" rating in a research report on Friday, January 26th. Wells Fargo & Company increased their target price on shares of ASML from $1,050.00 to $1,150.00 and gave the company an "overweight" rating in a research report on Tuesday, April 2nd. Redburn Atlantic raised shares of ASML from a "sell" rating to a "neutral" rating in a research report on Tuesday, February 20th. Finally, Kepler Capital Markets raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Monday, January 8th. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of "Moderate Buy" and an average price target of $1,036.00.

ASML Trading Down 1.0 %

The stock's fifty day simple moving average is $955.23 and its 200-day simple moving average is $809.40. The firm has a market cap of $358.99 billion, a PE ratio of 46.46, a PEG ratio of 2.29 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be issued a $1.343 dividend. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.59%. ASML's dividend payout ratio is currently 32.99%.

Institutional Trading of ASML

A number of hedge funds and other institutional investors have recently made changes to their positions in ASML. Brookstone Capital Management increased its stake in shares of ASML by 408.4% in the third quarter. Brookstone Capital Management now owns 2,735 shares of the semiconductor company's stock worth $1,608,000 after acquiring an additional 2,197 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of ASML by 14.5% in the third quarter. Commonwealth Equity Services LLC now owns 34,779 shares of the semiconductor company's stock worth $20,474,000 after acquiring an additional 4,396 shares during the period. Arcadia Investment Management Corp MI grew its position in ASML by 22.4% during the third quarter. Arcadia Investment Management Corp MI now owns 5,771 shares of the semiconductor company's stock valued at $3,397,000 after buying an additional 1,057 shares during the period. Moreno Evelyn V grew its position in ASML by 29.0% during the third quarter. Moreno Evelyn V now owns 1,102 shares of the semiconductor company's stock valued at $649,000 after buying an additional 248 shares during the period. Finally, RMR Wealth Builders grew its position in ASML by 7.9% during the third quarter. RMR Wealth Builders now owns 2,057 shares of the semiconductor company's stock valued at $1,211,000 after buying an additional 151 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

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.