Vontobel Holding Ltd. Sells 16,535 Shares of ASML Holding N.V. $ASML

Vontobel Holding Ltd. reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 46.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 18,837 shares of the semiconductor company’s stock after selling 16,535 shares during the period. Vontobel Holding Ltd.’s holdings in ASML were worth $37,475,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Cornerstone Financial Management LLC bought a new stake in shares of ASML during the fourth quarter worth $26,000. Binnacle Investments Inc lifted its position in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares in the last quarter. Resources Management Corp CT ADV lifted its position in ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares in the last quarter. North Star Investment Management Corp. lifted its position in ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc acquired a new position in ASML in the 4th quarter worth $30,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 0.2%

ASML stock opened at $1,844.45 on Friday. The company has a market cap of $725.39 billion, a P/E ratio of 57.39, a price-to-earnings-growth ratio of 0.92 and a beta of 1.79. ASML Holding N.V. has a 1-year low of $716.20 and a 1-year high of $1,999.96. The company has a fifty day simple moving average of $1,781.65 and a 200 day simple moving average of $1,567.15. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The firm had revenue of $10.64 billion for the quarter. Research analysts anticipate that ASML Holding N.V. will post 44.85 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a $2.1507 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. ASML’s payout ratio is currently 22.62%.

Wall Street Analyst Weigh In

ASML has been the subject of a number of research reports. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Friday, May 8th. Wall Street Zen lowered ASML from a “buy” rating to a “hold” rating in a report on Saturday. Morningstar cut ASML to a “sell” rating in a research report on Wednesday, May 27th. Argus set a $2,100.00 price objective on ASML in a report on Thursday, July 16th. Finally, UBS Group restated a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,970.33.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.