Souders Financial Advisors Cuts Holdings in ASML Holding N.V. $ASML

Souders Financial Advisors cut its stake in ASML Holding N.V. (NASDAQ:ASML) by 32.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 399 shares of the semiconductor company’s stock after selling 189 shares during the quarter. Souders Financial Advisors’ holdings in ASML were worth $320,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. purchased a new stake in shares of ASML during the first quarter valued at about $360,262,000. Invesco Ltd. lifted its position in ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after acquiring an additional 367,505 shares during the last quarter. Amundi grew its holdings in ASML by 91.6% in the first quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock worth $403,215,000 after purchasing an additional 307,214 shares during the last quarter. First Manhattan CO. LLC. increased its position in shares of ASML by 61.0% during the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after purchasing an additional 268,172 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of ASML by 26.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock valued at $631,079,000 after purchasing an additional 199,740 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Down 1.4%

Shares of ASML stock opened at $1,029.20 on Friday. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,086.11. The stock has a market cap of $404.77 billion, a P/E ratio of 41.89, a P/E/G ratio of 1.76 and a beta of 1.88. The stock has a 50 day moving average of $947.04 and a 200 day moving average of $813.16. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping 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 business had revenue of $8.71 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter last year, the company earned $5.28 EPS. The business’s revenue was up .7% on a year-over-year basis. As a group, sell-side analysts expect that ASML Holding N.V. will post 25.17 EPS for the current 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 given a dividend of $1.857 per share. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 25.76%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Bank Degroof downgraded shares of ASML to a “hold” rating in a research report on Friday, October 10th. Mizuho raised shares of ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Evercore ISI reissued an “outperform” rating on shares of ASML in a report on Thursday, October 16th. Finally, UBS Group restated a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,051.60.

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.