Fidelis Capital Partners LLC Sells 501 Shares of ASML Holding (NASDAQ:ASML)

Fidelis Capital Partners LLC decreased its stake in shares of ASML Holding (NASDAQ:ASML) by 26.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,395 shares of the semiconductor company’s stock after selling 501 shares during the period. Fidelis Capital Partners LLC’s holdings in ASML were worth $1,162,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Resources Management Corp CT ADV bought a new position in shares of ASML in the 2nd quarter worth approximately $26,000. Triad Wealth Partners LLC bought a new position in ASML in the second quarter worth $31,000. First Community Trust NA purchased a new position in ASML during the second quarter valued at $34,000. POM Investment Strategies LLC purchased a new stake in shares of ASML in the 2nd quarter worth about $36,000. Finally, LRI Investments LLC bought a new position in shares of ASML in the 1st quarter worth about $37,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ASML shares. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, Wells Fargo & Company decreased their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $970.60.

ASML Stock Up 0.9 %

ASML opened at $715.14 on Wednesday. ASML Holding has a 1-year low of $582.48 and a 1-year high of $1,110.09. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $281.35 billion, a PE ratio of 37.44, a PEG ratio of 2.08 and a beta of 1.48. The firm’s 50 day simple moving average is $808.07 and its two-hundred day simple moving average is $902.68.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th will be issued a $1.407 dividend. The ex-dividend date is Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.79%. ASML’s dividend payout ratio is currently 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.