Green Alpha Advisors LLC Decreases Stake in ASML Holding (NASDAQ:ASML)

Green Alpha Advisors LLC lowered its position in shares of ASML Holding (NASDAQ:ASML) by 30.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,859 shares of the semiconductor company’s stock after selling 795 shares during the quarter. Green Alpha Advisors LLC’s holdings in ASML were worth $1,288,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Oppenheimer & Co. Inc. boosted its position in ASML by 4.9% in the second quarter. Oppenheimer & Co. Inc. now owns 3,873 shares of the semiconductor company’s stock worth $3,961,000 after purchasing an additional 182 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its holdings in shares of ASML by 10.1% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 261 shares of the semiconductor company’s stock worth $270,000 after buying an additional 24 shares during the last quarter. Meeder Advisory Services Inc. grew its position in ASML by 40.2% during the second quarter. Meeder Advisory Services Inc. now owns 555 shares of the semiconductor company’s stock valued at $568,000 after buying an additional 159 shares during the period. GHP Investment Advisors Inc. increased its holdings in ASML by 42.1% during the second quarter. GHP Investment Advisors Inc. now owns 81 shares of the semiconductor company’s stock worth $83,000 after buying an additional 24 shares during the last quarter. Finally, William Blair Investment Management LLC raised its position in ASML by 8.6% in the second quarter. William Blair Investment Management LLC now owns 8,562 shares of the semiconductor company’s stock worth $8,757,000 after acquiring an additional 676 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ASML shares. 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 downgraded ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Finally, Susquehanna dropped their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $943.83.

ASML Trading Down 0.7 %

Shares of ASML opened at $739.01 on Monday. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The stock has a market cap of $290.74 billion, a PE ratio of 38.69, a P/E/G ratio of 2.07 and a beta of 1.47. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The business’s 50-day moving average price is $699.90 and its 200-day moving average price is $805.98.

ASML (NASDAQ:ASML) last posted its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping 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 business had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. On average, equities analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were paid a dividend of $1.407 per share. This represents a $5.63 annualized dividend and a yield of 0.76%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio is 29.21%.

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.