Centaurus Financial Inc. Sells 508 Shares of ASML Holding N.V. $ASML

Centaurus Financial Inc. reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 14.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,090 shares of the semiconductor company’s stock after selling 508 shares during the period. Centaurus Financial Inc.’s holdings in ASML were worth $2,476,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. acquired a new position in shares of ASML in the first quarter worth approximately $360,262,000. Amundi lifted its position in shares of ASML by 91.6% in the 1st quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock worth $403,215,000 after purchasing an additional 307,214 shares during the period. First Manhattan CO. LLC. boosted its stake in shares of ASML by 61.0% in the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock valued at $469,183,000 after purchasing an additional 268,172 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of ASML by 6.3% during the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after buying an additional 250,934 shares during the period. Finally, Acadian Asset Management LLC lifted its holdings in ASML by 114.3% in the second quarter. Acadian Asset Management LLC now owns 329,878 shares of the semiconductor company’s stock valued at $264,333,000 after buying an additional 175,939 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Redburn Partners set a $1,200.00 price objective on ASML in a research report on Friday, November 7th. Susquehanna lifted their target price on ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a report on Friday, October 10th. Bank Degroof lowered ASML to a “hold” rating in a research note on Friday, October 10th. Barclays reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, November 26th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,171.83.

ASML Trading Down 3.7%

NASDAQ ASML opened at $1,080.85 on Monday. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,141.72. The business has a 50 day moving average price of $1,039.93 and a 200-day moving average price of $877.67. The company has a market cap of $425.08 billion, a price-to-earnings ratio of 43.99, a P/E/G ratio of 1.68 and a beta of 1.87.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The company had revenue of $8.80 billion for the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.ASML’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the business earned $5.28 EPS. As a group, equities analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were issued a dividend of $1.857 per share. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio is 25.80%.

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.