Seeds Investor LLC Sells 105 Shares of ASML Holding N.V. $ASML

Seeds Investor LLC cut its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 16.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 519 shares of the semiconductor company’s stock after selling 105 shares during the period. Seeds Investor LLC’s holdings in ASML were worth $416,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Capstone Wealth Management Group LLC grew its position in shares of ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares during the period. PFG Advisors lifted its stake in ASML by 16.5% in the first quarter. PFG Advisors now owns 806 shares of the semiconductor company’s stock valued at $534,000 after buying an additional 114 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of ASML in the first quarter valued at approximately $209,000. Wedbush Securities Inc. increased its position in shares of ASML by 5.1% during the first quarter. Wedbush Securities Inc. now owns 1,156 shares of the semiconductor company’s stock worth $766,000 after acquiring an additional 56 shares in the last quarter. Finally, Pinnacle Associates Ltd. increased its position in shares of ASML by 34.5% during the first quarter. Pinnacle Associates Ltd. now owns 2,861 shares of the semiconductor company’s stock worth $1,896,000 after acquiring an additional 734 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on ASML. HSBC reaffirmed a “buy” rating on shares of ASML in a research report on Friday, October 17th. Rothschild & Co Redburn upgraded ASML from a “neutral” rating to a “buy” rating in a report on Friday, November 7th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research report on Tuesday, October 7th. Susquehanna increased their price objective on ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a report on Friday, October 10th. Finally, Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research note on Monday, October 13th. Four investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,076.33.

ASML Price Performance

NASDAQ:ASML opened at $966.57 on Friday. 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 market cap of $380.14 billion, a P/E ratio of 39.34, a P/E/G ratio of 1.76 and a beta of 1.88. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The stock’s 50-day simple moving average is $1,000.20 and its 200 day simple moving average is $839.78.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating the consensus estimate of $6.27 by $0.14. The firm had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.28 earnings per share. As a group, sell-side analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were issued a dividend of $1.857 per share. The ex-dividend date was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.8%. ASML’s dividend payout ratio is presently 25.76%.

ASML Company 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.