553 ASML Holding N.V. $ASML Shares Sold by Tamar Securities LLC

Tamar Securities LLC trimmed its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 2.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,124 shares of the semiconductor company’s stock after selling 553 shares during the quarter. ASML accounts for approximately 3.8% of Tamar Securities LLC’s portfolio, making the stock its 7th largest holding. Tamar Securities LLC’s holdings in ASML were worth $41,893,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. NBH Bank purchased a new stake in shares of ASML in the second quarter valued at about $26,000. Gilpin Wealth Management LLC boosted its holdings in ASML by 275.0% during the third quarter. Gilpin Wealth Management LLC now owns 15 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 11 shares during the last quarter. Quest 10 Wealth Builders Inc. purchased a new position in ASML during the third quarter worth about $27,000. Field & Main Bank bought a new stake in ASML in the 2nd quarter worth about $30,000. Finally, Vision Financial Markets LLC bought a new stake in ASML in the 3rd quarter worth about $36,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of NASDAQ:ASML traded up $68.10 during midday trading on Friday, reaching $1,424.75. The company had a trading volume of 1,902,471 shares, compared to its average volume of 1,583,467. The stock has a market cap of $549.13 billion, a P/E ratio of 35.08, a P/E/G ratio of 0.63 and a beta of 1.80. The company’s 50 day moving average price is $1,677.25 and its 200 day moving average price is $1,599.85. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 52-week low of $946.11 and a 52-week high of $1,999.96.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The business had revenue of $13.27 billion during the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. As a group, sell-side analysts anticipate that ASML Holding N.V. will post 46.54 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th were given a dividend of $2.1077 per share. The ex-dividend date of this dividend was Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.6%. This is a decrease from ASML’s previous quarterly dividend of $2.1507. ASML’s payout ratio is currently 17.55%.

Wall Street Analysts Forecast Growth

ASML has been the subject of several analyst reports. Citigroup reiterated a “buy” rating on shares of ASML in a research note on Thursday, October 15th. Weiss Ratings downgraded ASML from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $2,100.00 target price on shares of ASML in a report on Wednesday, October 7th. Wall Street Zen raised ASML from a “hold” rating to a “buy” rating in a report on Saturday, October 17th. Finally, Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, September 30th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,204.71.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers.

The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.