Raymond James Financial Services Advisors Inc. lowered its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 3.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,120 shares of the semiconductor company's stock after selling 1,305 shares during the period. Raymond James Financial Services Advisors Inc.'s holdings in ASML were worth $33,112,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. WD Rutherford LLC bought a new stake in shares of ASML during the 1st quarter worth approximately $29,000. ZRC Wealth Management LLC bought a new stake in shares of ASML during the 1st quarter worth approximately $39,000. Carmel Capital Partners LLC increased its position in ASML by 200.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 30 shares in the last quarter. Beaird Harris Wealth Management LLC acquired a new position in ASML during the 4th quarter worth approximately $34,000. Finally, Creative Financial Designs Inc. ADV increased its position in ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 26.07% of the company's stock.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the stock. Redburn Atlantic upgraded shares of ASML from a "sell" rating to a "neutral" rating in a research report on Tuesday, February 20th. Sanford C. Bernstein lowered their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an "outperform" rating for the company in a research report on Friday, April 12th. HSBC initiated coverage on shares of ASML in a research report on Thursday, February 22nd. They set a "buy" rating for the company. Wells Fargo & Company upped their price target 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. Finally, Cantor Fitzgerald initiated coverage on shares of ASML in a research report on Tuesday, January 23rd. They issued an "overweight" rating for the company. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, ASML presently has an average rating of "Moderate Buy" and a consensus target price of $1,036.00.
Check Out Our Latest Stock Analysis on ASML
ASML Trading Down 2.2 %
NASDAQ ASML traded down $19.63 during mid-day trading on Wednesday, reaching $852.84. 1,457,622 shares of the stock were exchanged, compared to its average volume of 1,229,522. The stock has a market cap of $336.52 billion, a P/E ratio of 43.56, a P/E/G ratio of 2.27 and a beta of 1.48. The stock has a 50 day simple moving average of $953.38 and a 200-day simple moving average of $811.61. ASML Holding has a one year low of $563.99 and a one year high of $1,056.34. 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date is Friday, April 26th. ASML's dividend payout ratio is currently 32.53%.
ASML Profile
(
Free Report)
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.
Further Reading
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