Global X Japan Co. Ltd. Cuts Stock Position in ASML Holding N.V. $ASML

Global X Japan Co. Ltd. lessened its holdings in ASML Holding N.V. (NASDAQ:ASML) by 15.8% in the third quarter, Holdings Channel reports. The firm owned 5,379 shares of the semiconductor company’s stock after selling 1,012 shares during the period. Global X Japan Co. Ltd.’s holdings in ASML were worth $5,207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in ASML. Daymark Wealth Partners LLC raised its position in ASML by 25.3% in the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after acquiring an additional 941 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in shares of ASML by 6.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 18,899 shares of the semiconductor company’s stock worth $15,153,000 after purchasing an additional 1,225 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of ASML by 97.6% in the 1st quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock worth $101,978,000 after purchasing an additional 76,023 shares during the period. ST Germain D J Co. Inc. raised its holdings in shares of ASML by 3.8% in the 3rd quarter. ST Germain D J Co. Inc. now owns 31,851 shares of the semiconductor company’s stock worth $30,835,000 after purchasing an additional 1,171 shares during the period. Finally, Soltis Investment Advisors LLC lifted its stake in ASML by 67.9% in the second quarter. Soltis Investment Advisors LLC now owns 4,199 shares of the semiconductor company’s stock valued at $3,365,000 after purchasing an additional 1,698 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on ASML shares. Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. Susquehanna upped their price objective on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a report on Friday, October 10th. Citigroup reiterated a “buy” rating on shares of ASML in a research note on Wednesday, December 10th. Finally, Zacks Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,171.83.

ASML Trading Up 0.5%

Shares of ASML opened at $1,061.84 on Wednesday. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,141.72. The stock has a market cap of $417.60 billion, a PE ratio of 43.22, a P/E/G ratio of 1.64 and a beta of 1.87. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The business’s 50-day moving average price is $1,049.37 and its 200-day moving average price is $892.97.

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

ASML Increases Dividend

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

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.