ASML Holding (NASDAQ:ASML) Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its position in ASML Holding (NASDAQ:ASML) by 3.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 46,498 shares of the semiconductor company’s stock after selling 1,644 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in ASML were worth $38,744,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Resources Management Corp CT ADV bought a new position in shares of ASML in the second quarter valued at $26,000. Triad Wealth Partners LLC acquired a new stake in shares of ASML during the second quarter worth $31,000. First Community Trust NA purchased a new stake in shares of ASML during the second quarter valued at $34,000. POM Investment Strategies LLC acquired a new position in shares of ASML in the 2nd quarter valued at $36,000. Finally, LRI Investments LLC purchased a new position in ASML in the 1st quarter worth about $37,000. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the subject of several recent analyst reports. Susquehanna decreased their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. UBS Group lowered ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Wells Fargo & Company lowered their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $970.60.

ASML Stock Down 3.0 %

Shares of ASML stock traded down $21.77 during trading on Wednesday, hitting $693.37. 572,901 shares of the stock traded hands, compared to its average volume of 1,386,769. The company has a fifty day moving average price of $808.07 and a two-hundred day moving average price of $902.68. ASML Holding has a twelve month low of $593.56 and a twelve month high of $1,110.09. The stock has a market cap of $272.79 billion, a P/E ratio of 37.44, a PEG ratio of 2.08 and a beta of 1.48. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th will be given a $1.407 dividend. This represents a $5.63 annualized dividend and a yield of 0.81%. The ex-dividend date is Tuesday, October 29th. ASML’s dividend payout ratio is 29.42%.

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.