Highland Capital Management LLC lowered its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 2.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,700 shares of the semiconductor company’s stock after selling 50 shares during the quarter. Highland Capital Management LLC’s holdings in ASML were worth $1,362,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. UMB Bank n.a. grew its holdings in shares of ASML by 4.3% in the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after acquiring an additional 13 shares in the last quarter. Rossmore Private Capital boosted its position in ASML by 0.3% in the first quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock worth $2,880,000 after purchasing an additional 14 shares during the last quarter. Baring Financial LLC increased its position in shares of ASML by 2.8% during the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after purchasing an additional 14 shares during the last quarter. Sage Mountain Advisors LLC increased its position in shares of ASML by 2.6% during the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company’s stock valued at $399,000 after purchasing an additional 15 shares during the last quarter. Finally, Manchester Capital Management LLC raised its stake in shares of ASML by 15.2% during the 1st quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company’s stock worth $76,000 after purchasing an additional 15 shares during the period. 26.07% of the stock is currently owned by institutional investors.
ASML Stock Performance
Shares of ASML opened at $1,032.22 on Monday. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,040.23. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company has a market cap of $406.10 billion, a PE ratio of 43.08, a price-to-earnings-growth ratio of 1.74 and a beta of 1.87. The stock has a 50-day moving average price of $806.14 and a 200-day moving average price of $753.31.
ASML Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were given a dividend of $1.856 per share. The ex-dividend date was Tuesday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a yield of 0.7%. ASML’s dividend payout ratio (DPR) is 26.21%.
Analyst Ratings Changes
Several equities analysts recently weighed in on ASML shares. Mizuho upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Morningstar lowered shares of ASML to a “hold” rating in a research note on Thursday, September 18th. Arete Research upgraded ASML to a “strong-buy” rating in a research note on Friday, September 12th. Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Monday, September 22nd. Finally, Sanford C. Bernstein restated a “neutral” rating on shares of ASML in a research note on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $923.80.
Read Our Latest Analysis on ASML
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.
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