ASML Holding (NASDAQ:ASML) Shares Sold by Addison Advisors LLC

Addison Advisors LLC lessened its holdings in shares of ASML Holding (NASDAQ:ASML) by 11.0% during the third quarter, HoldingsChannel reports. The firm owned 145 shares of the semiconductor company’s stock after selling 18 shares during the quarter. Addison Advisors LLC’s holdings in ASML were worth $121,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ASML. Resources Management Corp CT ADV purchased a new stake in ASML in the second quarter valued at approximately $26,000. Triad Wealth Partners LLC acquired a new stake in shares of ASML during the 2nd quarter worth $31,000. Fairway Wealth LLC purchased a new position in shares of ASML in the 3rd quarter worth $25,000. First Community Trust NA acquired a new position in ASML in the second quarter valued at $34,000. Finally, Milestone Investment Advisors LLC purchased a new stake in ASML during the third quarter valued at about $28,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Up 0.3 %

ASML stock opened at $671.31 on Tuesday. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm has a 50 day simple moving average of $771.58 and a 200-day simple moving average of $889.54. The company has a market capitalization of $264.11 billion, a P/E ratio of 35.15, a PEG ratio of 1.93 and a beta of 1.51. ASML Holding has a twelve month low of $648.27 and a twelve month high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, equities research analysts predict that ASML Holding will post 20.77 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were issued a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio is presently 29.21%.

Analyst Ratings Changes

ASML has been the subject of a number of research reports. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Susquehanna cut their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Sanford C. Bernstein reduced their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research note on Monday, October 21st. Finally, Wells Fargo & Company dropped their target price on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $970.60.

About ASML

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.