Captrust Financial Advisors Sells 1,784 Shares of ASML Holding (NASDAQ:ASML)

Captrust Financial Advisors lessened its holdings in ASML Holding (NASDAQ:ASML) by 10.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,579 shares of the semiconductor company’s stock after selling 1,784 shares during the quarter. Captrust Financial Advisors’ holdings in ASML were worth $12,981,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ASML. Icon Wealth Advisors LLC increased its stake in ASML by 10.2% in the third quarter. Icon Wealth Advisors LLC now owns 1,608 shares of the semiconductor company’s stock valued at $1,340,000 after acquiring an additional 149 shares during the period. Pennant Select LLC grew its stake in shares of ASML by 34.7% in the 3rd quarter. Pennant Select LLC now owns 20,200 shares of the semiconductor company’s stock valued at $16,832,000 after purchasing an additional 5,200 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of ASML by 15.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 10,889 shares of the semiconductor company’s stock worth $9,073,000 after buying an additional 1,468 shares in the last quarter. Northwest & Ethical Investments L.P. lifted its position in shares of ASML by 70.4% during the 3rd quarter. Northwest & Ethical Investments L.P. now owns 230 shares of the semiconductor company’s stock worth $192,000 after buying an additional 95 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in ASML by 36.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,799 shares of the semiconductor company’s stock valued at $5,665,000 after buying an additional 1,830 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Up 2.4 %

Shares of ASML opened at $686.61 on Monday. The firm has a market capitalization of $270.13 billion, a price-to-earnings ratio of 35.95, a PEG ratio of 1.99 and a beta of 1.51. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The business’s fifty day moving average price is $732.20 and its two-hundred day moving average price is $864.88.

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

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were paid a $1.407 dividend. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.82%. ASML’s payout ratio is presently 29.21%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ASML. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday. Susquehanna cut 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 report on Friday, October 11th. JPMorgan Chase & Co. decreased their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Wells Fargo & Company cut their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Finally, UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $961.00.

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.