Sigma Planning Corp Sells 986 Shares of ASML Holding N.V. $ASML

Sigma Planning Corp reduced its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 32.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,038 shares of the semiconductor company’s stock after selling 986 shares during the period. Sigma Planning Corp’s holdings in ASML were worth $4,055,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ASML. Boston Common Asset Management LLC bought a new position in ASML during the 1st quarter valued at about $4,355,000. Cambridge Investment Research Advisors Inc. raised its position in shares of ASML by 3.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after acquiring an additional 760 shares during the last quarter. Keudell Morrison Wealth Management acquired a new position in ASML during the 4th quarter valued at about $1,402,000. Puzo Michael J bought a new position in ASML in the second quarter valued at approximately $1,795,000. Finally, Robertson Stephens Wealth Management LLC grew its stake in shares of ASML by 507.0% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 2,695 shares of the semiconductor company’s stock worth $2,883,000 after purchasing an additional 2,251 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $1,696.16 on Monday. ASML Holding N.V. has a 12 month low of $716.20 and a 12 month high of $1,999.96. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $667.07 billion, a P/E ratio of 52.77, a price-to-earnings-growth ratio of 0.84 and a beta of 1.79. The firm has a 50-day moving average price of $1,764.95 and a 200-day moving average price of $1,592.80.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.62 billion during the quarter. As a group, equities research analysts anticipate that ASML Holding N.V. will post 44.99 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a dividend of $2.1507 per share. The ex-dividend date was Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML’s dividend payout ratio (DPR) is currently 22.62%.

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent analyst reports. Sanford C. Bernstein upped their target price on shares of ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Barclays restated an “overweight” rating on shares of ASML in a report on Thursday, July 16th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 17th. Morningstar cut shares of ASML to a “sell” rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $1,970.33.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.