ASML Holding N.V. $ASML Shares Sold by Roffman Miller Associates Inc. PA

Roffman Miller Associates Inc. PA lowered its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 3.4% in the 2nd quarter, Holdings Channel reports. The fund owned 29,045 shares of the semiconductor company’s stock after selling 1,033 shares during the period. ASML comprises 3.0% of Roffman Miller Associates Inc. PA’s investment portfolio, making the stock its 9th biggest holding. Roffman Miller Associates Inc. PA’s holdings in ASML were worth $57,783,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Nissay Asset Management Corp Japan lifted its position in ASML by 52.2% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 37,642 shares of the semiconductor company’s stock valued at $74,886,000 after purchasing an additional 12,912 shares during the last quarter. Field & Main Bank acquired a new position in ASML during the 2nd quarter valued at about $30,000. Pin Oak Investment Advisors Inc. bought a new position in ASML in the 2nd quarter worth about $48,000. North Star Asset Management Inc. bought a new position in ASML in the 2nd quarter worth about $51,424,000. Finally, Dearborn Partners LLC acquired a new stake in shares of ASML in the second quarter valued at approximately $2,015,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ASML shares. Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a report on Friday, July 10th. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Wells Fargo & Company lifted their target price on ASML from $2,200.00 to $2,500.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Stock Down 2.2%

ASML stock opened at $1,696.16 on Friday. The stock has a market cap of $667.07 billion, a price-to-earnings ratio of 52.77, a PEG ratio of 0.86 and a beta of 1.79. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average price is $1,764.95 and its two-hundred day moving average price is $1,591.65. ASML Holding N.V. has a 52 week low of $716.20 and a 52 week high of $1,999.96.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. The company had revenue of $10.62 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. On average, analysts expect that ASML Holding N.V. will post 44.92 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were issued a dividend of $2.1507 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML’s payout ratio is presently 22.62%.

ASML Company Profile

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.