Kingfisher Capital LLC Has $1.68 Million Holdings in ASML Holding (NASDAQ:ASML)

Kingfisher Capital LLC decreased its position in ASML Holding (NASDAQ:ASML) by 3.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,021 shares of the semiconductor company’s stock after selling 81 shares during the period. Kingfisher Capital LLC’s holdings in ASML were worth $1,684,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Resources Management Corp CT ADV acquired a new stake in shares of ASML during the 2nd quarter worth approximately $26,000. Triad Wealth Partners LLC bought a new stake in ASML in the second quarter valued at $31,000. Fairway Wealth LLC acquired a new position in shares of ASML during the third quarter valued at about $25,000. First Community Trust NA bought a new position in shares of ASML during the 2nd quarter worth about $34,000. Finally, Milestone Investment Advisors LLC acquired a new stake in shares of ASML in the 3rd quarter valued at about $28,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $670.48 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The firm has a 50-day moving average of $734.37 and a 200-day moving average of $867.34. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a market cap of $263.78 billion, a P/E ratio of 35.10, a P/E/G ratio of 1.95 and a beta of 1.51.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. Equities research analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were given a dividend of $1.407 per share. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.84%. ASML’s payout ratio is currently 29.21%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on ASML shares. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Susquehanna reduced their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Wells Fargo & Company lowered their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, Sanford C. Bernstein reduced their price objective on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a report on Monday, October 21st. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, ASML 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.