Choreo LLC Sells 631 Shares of ASML Holding N.V. $ASML

Choreo LLC lessened its holdings in ASML Holding N.V. (NASDAQ:ASML) by 6.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 9,004 shares of the semiconductor company’s stock after selling 631 shares during the quarter. Choreo LLC’s holdings in ASML were worth $17,912,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capstone Wealth Management Group LLC boosted its stake in shares of ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after acquiring an additional 124 shares during the period. AQR Capital Management LLC raised its stake in ASML by 141.1% during the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after purchasing an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in ASML by 153.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after purchasing an additional 10,411 shares during the period. Sivia Capital Partners LLC lifted its holdings in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after purchasing an additional 15 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in ASML by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after purchasing an additional 559 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

ASML opened at $1,844.45 on Friday. The business has a fifty day moving average of $1,781.65 and a 200 day moving average of $1,567.15. The stock has a market cap of $725.39 billion, a P/E ratio of 57.39, a PEG ratio of 0.92 and a beta of 1.79. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 52-week low of $716.20 and a 52-week high of $1,999.96.

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

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were issued a dividend of $2.1507 per share. The ex-dividend date was Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. ASML’s dividend payout ratio (DPR) is presently 22.62%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ASML shares. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Susquehanna restated a “positive” rating on shares of ASML in a research report on Tuesday, June 30th. Royal Bank Of Canada raised their target price on shares of ASML from $1,700.00 to $2,000.00 and gave the company an “outperform” rating in a research note on Tuesday, July 14th. Citigroup reiterated a “buy” rating on shares of ASML in a report on Friday, July 17th. Finally, Wells Fargo & Company boosted their price target 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. Four 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. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Company 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.