OneAscent Financial Services LLC Sells 69 Shares of ASML Holding (NASDAQ:ASML)

OneAscent Financial Services LLC decreased its position in shares of ASML Holding (NASDAQ:ASML) by 13.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 427 shares of the semiconductor company’s stock after selling 69 shares during the quarter. OneAscent Financial Services LLC’s holdings in ASML were worth $414,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Beaird Harris Wealth Management LLC purchased a new stake in ASML during the 4th quarter worth about $34,000. Creative Financial Designs Inc. ADV lifted its holdings in ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 15 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new stake in ASML during the 4th quarter worth about $44,000. Bruce G. Allen Investments LLC purchased a new stake in ASML during the 4th quarter worth about $49,000. Finally, First Financial Corp IN purchased a new stake in ASML during the 1st quarter worth about $49,000. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ ASML traded down $5.28 during trading hours on Friday, reaching $1,022.73. 837,765 shares of the stock traded hands, compared to its average volume of 1,027,876. The company has a market capitalization of $403.56 billion, a P/E ratio of 52.23, a price-to-earnings-growth ratio of 2.17 and a beta of 1.49. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,077.22. The company’s 50-day simple moving average is $964.40 and its two-hundred day simple moving average is $906.53.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The business had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. Equities research analysts forecast that ASML Holding will post 20.12 EPS for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a dividend of $1.343 per share. The ex-dividend date was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.53%. ASML’s payout ratio is 32.53%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Wells Fargo & Company increased their price objective on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday, June 17th. Evercore ISI initiated coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Finally, Sanford C. Bernstein lowered their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $1,043.00.

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.