Bank Julius Baer & Co. Ltd Zurich Sells 65 Shares of ASML Holding N.V. $ASML

Bank Julius Baer & Co. Ltd Zurich lowered its stake in ASML Holding N.V. (NASDAQ:ASML) by 10.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 575 shares of the semiconductor company’s stock after selling 65 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in ASML were worth $461,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Princeton Global Asset Management LLC raised its stake in ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 20 shares during the period. Pin Oak Investment Advisors Inc. bought a new position in shares of ASML in the second quarter worth approximately $30,000. Washington Trust Advisors Inc. increased its stake in shares of ASML by 129.4% in the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 22 shares in the last quarter. Maseco LLP bought a new stake in shares of ASML during the 2nd quarter valued at $32,000. Finally, Banque Cantonale Vaudoise bought a new stake in shares of ASML during the 1st quarter valued at $27,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Down 1.5%

Shares of NASDAQ ASML opened at $966.57 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,086.11. The firm’s 50-day moving average price is $1,000.20 and its 200-day moving average price is $840.89. The stock has a market capitalization of $380.14 billion, a price-to-earnings ratio of 39.34, a P/E/G ratio of 1.76 and a beta of 1.88.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company had revenue of $8.71 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the previous year, the firm posted $5.28 earnings per share. The firm’s revenue for the quarter was up .7% on a year-over-year basis. On average, equities research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were given a $1.857 dividend. This is a boost from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Wednesday, October 29th. ASML’s dividend payout ratio is 25.76%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Monday, November 17th. Redburn Partners set a $1,200.00 price objective on ASML in a research note on Friday, November 7th. Sanford C. Bernstein reiterated a “market perform” rating on shares of ASML in a research report on Wednesday, October 29th. Arete Research raised ASML to a “strong-buy” rating in a research note on Friday, September 12th. Finally, Berenberg Bank restated a “buy” rating on shares of ASML in a research note on Thursday, October 16th. Four research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,076.33.

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.