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

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

Several other hedge funds have also recently added to or reduced their stakes in the company. Choreo LLC increased its holdings in shares of ASML by 2.5% in the second quarter. Choreo LLC now owns 9,787 shares of the semiconductor company’s stock valued at $7,843,000 after purchasing an additional 235 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of ASML by 28.8% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 2,188 shares of the semiconductor company’s stock worth $1,754,000 after acquiring an additional 489 shares during the last quarter. North Star Asset Management Inc. raised its holdings in shares of ASML by 2.4% during the 2nd quarter. North Star Asset Management Inc. now owns 34,631 shares of the semiconductor company’s stock worth $27,753,000 after acquiring an additional 807 shares during the period. Manchester Capital Management LLC boosted its position in shares of ASML by 31.6% during the 2nd quarter. Manchester Capital Management LLC now owns 150 shares of the semiconductor company’s stock valued at $120,000 after acquiring an additional 36 shares during the last quarter. Finally, FourThought Financial Partners LLC boosted its holdings in ASML by 12.3% in the 2nd quarter. FourThought Financial Partners LLC now owns 14,298 shares of the semiconductor company’s stock valued at $11,458,000 after purchasing an additional 1,564 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research note on Thursday, October 16th. Morningstar downgraded shares of ASML to a “hold” rating in a research note on Thursday, September 18th. Susquehanna lifted their target price on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a report on Friday, October 10th. Rothschild & Co Redburn raised ASML from a “neutral” rating to a “buy” rating in a research note on Friday, November 7th. Finally, Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,076.33.

ASML Trading Up 3.8%

NASDAQ ASML opened at $1,040.97 on Thursday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,086.11. 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 stock has a market capitalization of $409.40 billion, a PE ratio of 42.37, a price-to-earnings-growth ratio of 1.76 and a beta of 1.88. The firm has a 50 day moving average of $1,008.48 and a two-hundred day moving average of $847.30.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping 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 business had revenue of $8.80 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the prior year, the firm posted $5.28 EPS. The business’s quarterly revenue was up .7% compared to the same quarter last year. As a group, research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were paid a dividend of $1.857 per share. The ex-dividend date was Wednesday, October 29th. 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. ASML’s dividend payout ratio (DPR) is 25.76%.

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.