ASML Holding N.V. $ASML Shares Sold by Quadrant Capital Group LLC

Quadrant Capital Group LLC reduced its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 13,181 shares of the semiconductor company’s stock after selling 244 shares during the period. Quadrant Capital Group LLC’s holdings in ASML were worth $10,563,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. UMB Bank n.a. increased 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 purchasing an additional 13 shares during the period. Rossmore Private Capital grew its position in ASML by 0.3% in the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company’s stock valued at $2,880,000 after buying an additional 14 shares during the last quarter. Baring Financial LLC increased its stake in ASML by 2.8% in the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock valued at $409,000 after buying an additional 14 shares during the period. Manchester Capital Management LLC raised its position in 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 buying an additional 15 shares during the last quarter. Finally, Putney Financial Group LLC increased its stake in shares of ASML by 39.5% during the second quarter. Putney Financial Group LLC now owns 53 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 15 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research note on Monday, October 13th. Morgan Stanley upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Wells Fargo & Company increased their target price on shares of ASML from $1,105.00 to $1,140.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. HSBC restated a “buy” rating on shares of ASML in a report on Friday, October 17th. Finally, Evercore ISI reaffirmed an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. Four analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,076.33.

ASML Stock Up 3.8%

Shares of NASDAQ:ASML opened at $1,040.97 on Thursday. 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 company has a market capitalization of $409.40 billion, a P/E ratio of 42.37, a P/E/G ratio of 1.76 and a beta of 1.88. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,086.11. The stock’s fifty day simple moving average is $1,008.48 and its 200-day simple moving average is $847.30.

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

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were issued a $1.857 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.86. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 annualized dividend and a yield of 0.7%. ASML’s dividend payout ratio (DPR) is presently 25.76%.

ASML 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.