ASML Holding (NASDAQ:ASML) Shares Sold by Sigma Planning Corp

Sigma Planning Corp lessened its stake in shares of ASML Holding (NASDAQ:ASML) by 8.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 544 shares of the semiconductor company’s stock after selling 47 shares during the quarter. Sigma Planning Corp’s holdings in ASML were worth $453,000 as of its most recent SEC filing.

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

ASML Stock Down 5.0 %

Shares of NASDAQ:ASML opened at $658.63 on Friday. The firm has a 50 day simple moving average of $758.59 and a 200-day simple moving average of $883.33. ASML Holding has a twelve month low of $654.77 and a twelve month high of $1,110.09. 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 company has a market capitalization of $259.12 billion, a PE ratio of 35.11, a P/E/G ratio of 1.95 and a beta of 1.51.

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

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were given a $1.407 dividend. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.85%. ASML’s dividend payout ratio (DPR) is presently 29.21%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ASML shares. Susquehanna dropped 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 note on Friday, October 11th. Sanford C. Bernstein cut their price target on ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Finally, JPMorgan Chase & Co. decreased their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus target price of $970.60.

ASML Company 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.