Vontobel Holding Ltd. Sells 2,863 Shares of ASML Holding (NASDAQ:ASML)

Vontobel Holding Ltd. decreased its stake in ASML Holding (NASDAQ:ASML) by 61.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,815 shares of the semiconductor company’s stock after selling 2,863 shares during the period. Vontobel Holding Ltd.’s holdings in ASML were worth $1,374,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in ASML by 15.2% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,250 shares of the semiconductor company’s stock valued at $5,488,000 after purchasing an additional 958 shares during the last quarter. Capital Advisors Inc. OK bought a new position in shares of ASML during the fourth quarter valued at $211,000. Outlook Wealth Advisors LLC bought a new position in shares of ASML during the fourth quarter valued at $277,000. Louisiana State Employees Retirement System bought a new position in shares of ASML during the fourth quarter valued at $5,298,000. Finally, Crestwood Advisors Group LLC bought a new position in shares of ASML during the fourth quarter valued at $386,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of several analyst reports. Evercore ISI initiated coverage on shares of ASML in a research note on Tuesday. They set an “outperform” rating for the company. Sanford C. Bernstein dropped their price target on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research note on Friday, April 12th. Raymond James raised their price target on shares of ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 25th. HSBC began coverage on shares of ASML in a research note on Thursday, February 22nd. They set a “buy” rating for the company. Finally, Cantor Fitzgerald began coverage on shares of ASML in a research report on Tuesday, January 23rd. They set an “overweight” rating for the company. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,036.00.

ASML Trading Down 3.3 %

NASDAQ:ASML opened at $859.54 on Friday. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $339.17 billion, a price-to-earnings ratio of 43.90, a PEG ratio of 2.20 and a beta of 1.48. The firm has a fifty day simple moving average of $958.18 and a two-hundred day simple moving average of $793.71. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,056.34.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. The business had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 59.10%. Analysts expect that ASML Holding will post 20.4 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be issued a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s payout ratio is 27.02%.

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.