Maplelane Capital LLC Sells 12,500 Shares of ASML Holding N.V. $ASML

Maplelane Capital LLC lessened its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 45.5% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 15,000 shares of the semiconductor company’s stock after selling 12,500 shares during the quarter. ASML comprises about 0.7% of Maplelane Capital LLC’s portfolio, making the stock its 27th largest holding. Maplelane Capital LLC’s holdings in ASML were worth $19,812,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of ASML. Cornerstone Financial Management LLC bought a new position in ASML in the 4th quarter valued at about $26,000. Binnacle Investments Inc boosted its holdings in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares during the period. Resources Management Corp CT ADV boosted its holdings in shares of ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 23 shares during the period. North Star Investment Management Corp. grew its position in shares of ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc acquired a new position in shares of ASML in the fourth quarter valued at approximately $30,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 2.5%

Shares of ASML opened at $1,757.09 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96. The firm’s 50 day moving average is $1,754.95 and its 200-day moving average is $1,524.62. The stock has a market capitalization of $691.04 billion, a PE ratio of 54.67, a P/E/G ratio of 0.92 and a beta of 1.78.

ASML (NASDAQ:ASMLGet Free Report) last issued its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The business had revenue of $10.64 billion during the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. Equities research analysts forecast that ASML Holding N.V. will post 43.6 EPS for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th will be given a dividend of $2.1507 per share. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, July 28th. ASML’s dividend payout ratio is presently 22.74%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ASML. Barclays reissued an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Wells Fargo & Company upped their price objective on ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Sanford C. Bernstein increased their price objective on ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Finally, UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,970.33.

Get Our Latest Stock Analysis on ASML

ASML News Summary

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ASML Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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