ASML Holding (NASDAQ:ASML) Shares Sold by Addison Advisors LLC

Addison Advisors LLC lessened its holdings in ASML Holding (NASDAQ:ASML) by 11.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 145 shares of the semiconductor company’s stock after selling 18 shares during the period. Addison Advisors LLC’s holdings in ASML were worth $121,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. US Bancorp DE increased its holdings in ASML by 7.5% during the 3rd quarter. US Bancorp DE now owns 47,601 shares of the semiconductor company’s stock worth $39,664,000 after purchasing an additional 3,321 shares during the period. Stockman Wealth Management Inc. increased its stake in shares of ASML by 7.2% during the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after buying an additional 1,032 shares during the period. KP Management LLC raised its holdings in ASML by 66.7% in the second quarter. KP Management LLC now owns 5,000 shares of the semiconductor company’s stock valued at $5,114,000 after acquiring an additional 2,000 shares in the last quarter. Harvard Management Co. Inc. lifted its stake in ASML by 239.8% in the second quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock worth $95,645,000 after acquiring an additional 66,000 shares during the last quarter. Finally, CWA Asset Management Group LLC acquired a new position in ASML during the 3rd quarter worth approximately $1,372,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML opened at $671.31 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The stock has a market capitalization of $264.11 billion, a P/E ratio of 35.15, a P/E/G ratio of 1.93 and a beta of 1.51. ASML Holding has a 1 year low of $648.27 and a 1 year high of $1,110.09. The company’s fifty day moving average is $771.58 and its two-hundred day moving average is $889.54.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The company had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. On average, sell-side analysts predict that ASML Holding will post 20.77 earnings per share for the current year.

ASML Cuts Dividend

The company also recently declared 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. This represents a $5.63 annualized dividend and a dividend yield of 0.84%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is presently 29.21%.

Analyst Ratings Changes

ASML has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their price objective 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. Sanford C. Bernstein dropped their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Finally, Susquehanna lowered their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $970.60.

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.