Centaurus Financial Inc. Sells 222 Shares of ASML Holding (NASDAQ:ASML)

Centaurus Financial Inc. trimmed its position in shares of ASML Holding (NASDAQ:ASML) by 13.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 Securities and Exchange Commission (SEC).

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

ASML Price Performance

Shares of ASML opened at $672.88 on Monday. The company has a 50 day moving average of $744.92 and a two-hundred day moving average of $873.54. The company has a market cap of $264.73 billion, a price-to-earnings ratio of 35.23, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09.

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

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were given a dividend of $1.407 per share. 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 is currently 29.21%.

Analyst Upgrades and Downgrades

ASML has been the subject of several analyst reports. JPMorgan Chase & Co. reduced their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Wells Fargo & Company reduced their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein reduced their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a report on Monday, October 21st. Finally, Susquehanna lowered their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Three research 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’s stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $970.60.

About ASML

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.