ASML Holding (NASDAQ:ASML) Shares Sold by Aurora Investment Counsel

Aurora Investment Counsel cut its holdings in ASML Holding (NASDAQ:ASML) by 87.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 223 shares of the semiconductor company’s stock after selling 1,531 shares during the period. Aurora Investment Counsel’s holdings in ASML were worth $228,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. American Capital Advisory LLC acquired a new position in ASML in the first quarter valued at approximately $26,000. Resources Management Corp CT ADV bought a new stake in shares of ASML in the 2nd quarter worth approximately $26,000. WD Rutherford LLC acquired a new position in ASML during the 1st quarter valued at approximately $29,000. Triad Wealth Partners LLC bought a new position in ASML during the 2nd quarter worth $31,000. Finally, Beaird Harris Wealth Management LLC acquired a new stake in ASML in the fourth quarter worth $34,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of several analyst reports. Wells Fargo & Company boosted their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. raised their price target on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Finally, UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,147.80.

ASML Trading Down 1.0 %

ASML stock opened at $833.25 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. ASML Holding has a 12 month low of $567.57 and a 12 month high of $1,110.09. The company’s fifty day simple moving average is $853.67 and its 200-day simple moving average is $932.49. The stock has a market cap of $328.79 billion, a P/E ratio of 42.56, a P/E/G ratio of 1.97 and a beta of 1.49.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, beating the consensus estimate of $3.87 by $0.14. ASML had a return on equity of 49.93% and a net margin of 26.50%. The business had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6 billion. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.37 EPS. As a group, sell-side analysts forecast that ASML Holding will post 20.38 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were issued a dividend of $1.8732 per share. The ex-dividend date of this dividend was Monday, July 29th. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.90%. This is an increase from ASML’s previous quarterly dividend of $1.34. ASML’s dividend payout ratio (DPR) is currently 28.50%.

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.