Sanctuary Advisors LLC Sells 699 Shares of ASML Holding (NASDAQ:ASML)

Sanctuary Advisors LLC lowered its holdings in shares of ASML Holding (NASDAQ:ASML) by 4.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,348 shares of the semiconductor company’s stock after selling 699 shares during the quarter. Sanctuary Advisors LLC’s holdings in ASML were worth $12,789,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. First Pacific Financial raised its holdings in ASML by 1.1% during the 2nd quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock worth $1,146,000 after buying an additional 12 shares during the period. RMR Wealth Builders raised its holdings in shares of ASML by 0.6% during the second quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock worth $2,162,000 after acquiring an additional 12 shares during the period. Ameritas Advisory Services LLC lifted its position in ASML by 1.4% in the 2nd quarter. Ameritas Advisory Services LLC now owns 844 shares of the semiconductor company’s stock valued at $863,000 after acquiring an additional 12 shares in the last quarter. Armstrong Advisory Group Inc. boosted its stake in ASML by 24.5% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 12 shares during the period. Finally, Capital Advisors Ltd. LLC increased its holdings in ASML by 23.2% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 69 shares of the semiconductor company’s stock worth $71,000 after purchasing an additional 13 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on ASML. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Susquehanna cut their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Sanford C. Bernstein decreased their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Finally, JPMorgan Chase & Co. decreased their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Three analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $943.83.

ASML Price Performance

Shares of ASML opened at $718.58 on Friday. The company has a market cap of $282.71 billion, a price-to-earnings ratio of 37.62, a PEG ratio of 2.07 and a beta of 1.49. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company’s fifty day simple moving average is $709.10 and its 200 day simple moving average is $850.44. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last issued its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The company had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. On average, research analysts forecast that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were paid a dividend of $1.407 per share. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.78%. ASML’s dividend payout ratio is currently 29.21%.

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.