553 ASML Holding N.V. $ASML Shares Sold by Tamar Securities LLC

Tamar Securities LLC cut its position in ASML Holding N.V. (NASDAQ:ASML) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,124 shares of the semiconductor company’s stock after selling 553 shares during the quarter. ASML comprises about 3.8% of Tamar Securities LLC’s holdings, making the stock its 7th largest position. Tamar Securities LLC’s holdings in ASML were worth $41,893,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. NBH Bank bought a new position in shares of ASML during the 2nd quarter worth $26,000. Gilpin Wealth Management LLC raised its stake in ASML by 275.0% in the 3rd quarter. Gilpin Wealth Management LLC now owns 15 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 11 shares during the period. Quest 10 Wealth Builders Inc. bought a new stake in ASML in the 3rd quarter valued at about $27,000. Field & Main Bank bought a new stake in ASML in the 2nd quarter valued at about $30,000. Finally, Vision Financial Markets LLC purchased a new stake in ASML during the third quarter valued at about $36,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of NASDAQ ASML traded up $68.10 during mid-day trading on Friday, hitting $1,424.75. The company had a trading volume of 1,902,471 shares, compared to its average volume of 1,583,467. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 1 year low of $946.11 and a 1 year high of $1,999.96. The company has a market capitalization of $549.13 billion, a price-to-earnings ratio of 35.08, a P/E/G ratio of 0.63 and a beta of 1.80. The stock’s 50-day moving average price is $1,677.25 and its 200-day moving average price is $1,599.85.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 EPS for the quarter. The business had revenue of $13.27 billion during the quarter. ASML had a return on equity of 64.24% and a net margin of 34.10%. On average, sell-side analysts forecast that ASML Holding N.V. will post 46.54 earnings per share for the current year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Tuesday, October 27th were given a $2.1077 dividend. This represents a $8.43 dividend on an annualized basis and a dividend yield of 0.6%. This is a decrease from ASML’s previous quarterly dividend of $2.1507. The ex-dividend date was Tuesday, October 27th. ASML’s dividend payout ratio (DPR) is 17.55%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Friday, July 10th. Wells Fargo & Company lifted their target price on shares of ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a research report on Monday, September 14th. DZ Bank upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $2,100.00 price target on shares of ASML in a research note on Wednesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $2,204.71.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers.

The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.