ASML Holding (NASDAQ:ASML) Shares Sold by Venturi Wealth Management LLC

Venturi Wealth Management LLC cut its holdings in shares of ASML Holding (NASDAQ:ASMLFree Report) by 10.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,381 shares of the semiconductor company’s stock after selling 276 shares during the quarter. Venturi Wealth Management LLC’s holdings in ASML were worth $1,802,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Carmel Capital Partners LLC lifted its holdings in ASML by 200.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after buying an additional 30 shares in the last quarter. Addison Advisors LLC increased its position in shares of ASML by 220.0% in the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 33 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of ASML by 48.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 15 shares during the last quarter. Bollard Group LLC purchased a new stake in shares of ASML in the 2nd quarter valued at approximately $36,000. Finally, First Financial Corp IN purchased a new position in shares of ASML in the 3rd quarter valued at $36,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 1.4 %

ASML stock opened at $980.27 on Thursday. ASML Holding has a one year low of $563.99 and a one year high of $1,056.34. The stock has a market capitalization of $386.80 billion, a PE ratio of 45.57, a price-to-earnings-growth ratio of 2.33 and a beta of 1.48. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.96 and a current ratio of 1.50. The company has a fifty day moving average of $944.47 and a 200-day moving average of $764.39.

ASML (NASDAQ:ASMLGet Free Report) last released its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, topping the consensus estimate of $5.12 by $0.48. ASML had a net margin of 28.44% and a return on equity of 68.32%. The company had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.34 billion. As a group, analysts expect that ASML Holding will post 20.48 EPS for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be paid a $1.343 dividend. This represents a $5.37 annualized dividend and a dividend yield of 0.55%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio (DPR) is presently 24.59%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ASML shares. HSBC started coverage on shares of ASML in a research report on Thursday, February 22nd. They issued a “buy” rating on the stock. Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Wells Fargo & Company raised their price objective on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Sanford C. Bernstein raised shares of ASML from a “market perform” rating to an “outperform” rating in a research report on Monday, January 22nd. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $982.60.

Read Our Latest Stock Analysis on ASML

About ASML

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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