ASML Holding (NASDAQ:ASML) Shares Sold by Sivia Capital Partners LLC

Sivia Capital Partners LLC lowered its stake in shares of ASML Holding (NASDAQ:ASML) by 3.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 805 shares of the semiconductor company’s stock after selling 31 shares during the quarter. Sivia Capital Partners LLC’s holdings in ASML were worth $671,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Resources Management Corp CT ADV acquired a new position in ASML during the 2nd quarter valued at approximately $26,000. American Capital Advisory LLC bought a new stake in ASML during the 1st quarter valued at $26,000. WD Rutherford LLC bought a new stake in ASML during the 1st quarter valued at $29,000. Triad Wealth Partners LLC bought a new stake in ASML during the 2nd quarter valued at $31,000. Finally, First Community Trust NA bought a new stake in ASML during the 2nd quarter valued at $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the topic of several recent analyst reports. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Wells Fargo & Company dropped their price objective on ASML from $1,185.00 to $1,000.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. Finally, Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Three 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 company. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,071.80.

ASML Stock Up 3.7 %

NASDAQ ASML traded up $30.99 on Monday, reaching $871.68. The stock had a trading volume of 1,109,573 shares, compared to its average volume of 1,246,466. The business has a 50 day moving average price of $844.97 and a 200 day moving average price of $923.92. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. ASML Holding has a 1 year low of $573.86 and a 1 year high of $1,110.09. The company has a market capitalization of $343.96 billion, a price-to-earnings ratio of 44.23, a P/E/G ratio of 2.08 and a beta of 1.48.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating analysts’ consensus estimates of $3.87 by $0.14. ASML had a return on equity of 49.93% and a net margin of 26.50%. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6 billion. During the same quarter in the previous year, the company posted $5.37 earnings per share. The business’s quarterly revenue was down 9.5% compared to the same quarter last year. On average, analysts forecast that ASML Holding will post 20.38 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were paid a dividend of $1.8732 per share. This represents a $7.49 annualized dividend and a dividend yield of 0.86%. The ex-dividend date was Monday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.34. ASML’s dividend payout ratio is 28.50%.

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.