Centaurus Financial Inc. Trims Stock Position in ASML Holding (NASDAQ:ASML)

Centaurus Financial Inc. reduced its stake in shares of ASML Holding (NASDAQ:ASML) by 13.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,407 shares of the semiconductor company’s stock after selling 222 shares during the quarter. Centaurus Financial Inc.’s holdings in ASML were worth $1,172,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. BOKF NA raised its position in shares of ASML by 5.5% in the first quarter. BOKF NA now owns 1,544 shares of the semiconductor company’s stock worth $1,533,000 after acquiring an additional 81 shares during the period. Bayesian Capital Management LP acquired a new stake in ASML in the first quarter valued at approximately $270,000. Oxford Wealth Group LLC purchased a new stake in shares of ASML in the first quarter valued at approximately $1,600,000. Connective Capital Management LLC acquired a new position in shares of ASML during the 1st quarter worth approximately $4,061,000. Finally, Sweeney & Michel LLC purchased a new position in shares of ASML during the 1st quarter valued at approximately $655,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Sanford C. Bernstein decreased their price target on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research note on Monday, October 21st. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $970.60.

ASML Price Performance

Shares of ASML opened at $672.88 on Monday. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The firm has a market capitalization of $264.73 billion, a price-to-earnings ratio of 35.23, a PEG ratio of 1.95 and a beta of 1.51. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm’s fifty day simple moving average is $744.92 and its 200-day simple moving average is $873.54.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The firm had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. Equities analysts forecast that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were given a $1.407 dividend. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.84%. ASML’s dividend payout ratio (DPR) is presently 29.21%.

ASML 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.