Teachers Retirement System of The State of Kentucky Sells 1,893 Shares of ASML Holding (NASDAQ:ASML)

Teachers Retirement System of The State of Kentucky trimmed its stake in shares of ASML Holding (NASDAQ:ASML) by 16.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,397 shares of the semiconductor company’s stock after selling 1,893 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in ASML were worth $9,611,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC boosted its position in ASML by 2.0% during the fourth quarter. Fisher Asset Management LLC now owns 4,967,958 shares of the semiconductor company’s stock worth $3,760,348,000 after purchasing an additional 95,795 shares during the period. Jennison Associates LLC lifted its holdings in shares of ASML by 50.0% during the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock worth $1,668,386,000 after buying an additional 572,996 shares in the last quarter. GQG Partners LLC lifted its holdings in shares of ASML by 21.6% during the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock worth $1,608,921,000 after buying an additional 294,784 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of ASML by 15.4% during the second quarter. Van ECK Associates Corp now owns 1,282,396 shares of the semiconductor company’s stock worth $1,311,545,000 after buying an additional 170,992 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of ASML by 18.9% during the first quarter. Janus Henderson Group PLC now owns 1,220,210 shares of the semiconductor company’s stock worth $1,184,173,000 after buying an additional 194,357 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Stock Down 1.3 %

Shares of NASDAQ ASML opened at $822.35 on Wednesday. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The company has a market cap of $324.49 billion, a price-to-earnings ratio of 42.00, a PEG ratio of 1.97 and a beta of 1.49. ASML Holding has a 12 month low of $567.57 and a 12 month high of $1,110.09. The stock has a 50-day moving average price of $851.46 and a two-hundred day moving average price of $931.66.

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

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were paid a dividend of $1.8732 per share. This is an increase from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. This represents a $7.49 annualized dividend and a yield of 0.91%. ASML’s payout ratio is presently 28.50%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ASML. Susquehanna lifted their target price on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Finally, Wells Fargo & Company boosted their price target on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average target price of $1,147.80.

ASML 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.