ASML Holding N.V. $ASML Shares Sold by Highland Capital Management LLC

Highland Capital Management LLC decreased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 41.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,000 shares of the semiconductor company’s stock after selling 700 shares during the quarter. Highland Capital Management LLC’s holdings in ASML were worth $968,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Daymark Wealth Partners LLC lifted its position in shares of 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 buying an additional 941 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of ASML by 6.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 18,899 shares of the semiconductor company’s stock valued at $15,153,000 after acquiring an additional 1,225 shares in the last quarter. Acadian Asset Management LLC raised its stake 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 valued at $101,978,000 after acquiring an additional 76,023 shares in the last quarter. Exchange Traded Concepts LLC lifted its holdings in ASML by 30.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 13,919 shares of the semiconductor company’s stock worth $13,475,000 after purchasing an additional 3,217 shares during the last quarter. Finally, ST Germain D J Co. Inc. boosted its position in ASML by 3.8% during the third 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. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ASML. Morningstar cut shares of ASML to a “hold” rating in a research note on Thursday, September 18th. Bank Degroof lowered shares of ASML to a “hold” rating in a research report on Friday, October 10th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Monday, October 13th. Evercore ISI reaffirmed an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. Finally, Rothschild Redb raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,171.83.

ASML Stock Up 0.7%

Shares of ASML opened at $1,072.75 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The company has a 50-day simple moving average of $1,052.23 and a 200-day simple moving average of $898.24. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,141.72. The firm has a market capitalization of $421.89 billion, a P/E ratio of 43.66, a P/E/G ratio of 1.66 and a beta of 1.87.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm had revenue of $8.80 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the prior year, the firm posted $5.28 EPS. The company’s revenue for the quarter was up .7% on a year-over-year basis. On average, equities research analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

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