Penserra Capital Management LLC Decreases Stock Holdings in ASML Holding (NASDAQ:ASML)

Penserra Capital Management LLC lowered its stake in ASML Holding (NASDAQ:ASML) by 32.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 3,911 shares of the semiconductor company’s stock after selling 1,918 shares during the period. Penserra Capital Management LLC’s holdings in ASML were worth $3,258,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Hilltop National Bank increased its position in ASML by 1.0% during the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after acquiring an additional 10 shares during the last quarter. Valley National Advisers Inc. increased its position in shares of ASML by 1.1% during the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock valued at $1,159,000 after purchasing an additional 12 shares during the last quarter. Pure Financial Advisors LLC lifted its stake in shares of ASML by 2.8% in the 2nd quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock worth $454,000 after purchasing an additional 12 shares during the period. First Pacific Financial grew its position in ASML by 1.1% during the second quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock valued at $1,146,000 after buying an additional 12 shares during the period. Finally, RMR Wealth Builders increased its holdings in ASML by 0.6% during the second quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock valued at $2,162,000 after buying an additional 12 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 1.7 %

ASML opened at $684.47 on Tuesday. The company has a market capitalization of $269.28 billion, a PE ratio of 35.84, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51. The firm has a 50-day simple moving average of $742.55 and a two-hundred day simple moving average of $871.93. 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 52 week low of $645.45 and a 52 week high of $1,110.09.

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

ASML Cuts Dividend

The firm also recently disclosed 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 of this dividend was Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.82%. ASML’s dividend payout ratio (DPR) is currently 29.21%.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of recent research reports. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. reduced their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Susquehanna lowered their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Finally, Sanford C. Bernstein lowered their price target on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a report on Monday, October 21st. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $970.60.

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.