ASML Holding (NASDAQ:ASML) Shares Sold by Park Place Capital Corp

Park Place Capital Corp reduced its stake in shares of ASML Holding (NASDAQ:ASML) by 23.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 318 shares of the semiconductor company’s stock after selling 96 shares during the quarter. Park Place Capital Corp’s holdings in ASML were worth $325,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. First PREMIER Bank boosted its holdings in shares of ASML by 4.2% in the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after buying an additional 11 shares in the last quarter. Investment Partners LTD. increased its stake in shares of ASML by 1.2% during the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock worth $871,000 after acquiring an additional 11 shares during the period. Toth Financial Advisory Corp increased its stake in shares of ASML by 11.5% during the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after acquiring an additional 13 shares during the period. Slow Capital Inc. lifted its holdings in shares of ASML by 0.3% in the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after purchasing an additional 13 shares in the last quarter. Finally, Miracle Mile Advisors LLC lifted its holdings in shares of ASML by 4.7% in the first quarter. Miracle Mile Advisors LLC now owns 287 shares of the semiconductor company’s stock valued at $279,000 after purchasing an additional 13 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 2.0 %

NASDAQ ASML traded up $15.95 during trading hours on Monday, reaching $825.30. 2,035,168 shares of the company traded hands, compared to its average volume of 1,225,313. ASML Holding has a 12 month low of $563.99 and a 12 month 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 stock has a market capitalization of $325.65 billion, a PE ratio of 40.66, a PEG ratio of 1.87 and a beta of 1.49. The company has a 50 day moving average of $997.56 and a two-hundred day moving average of $952.01.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The company had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6 billion. During the same period last year, the firm posted $5.37 EPS. The company’s revenue for the quarter was down 9.5% on a year-over-year basis. As a group, equities analysts expect that ASML Holding will post 20.3 earnings per share for the current year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 7th. Investors of record on Monday, July 29th will be issued a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Monday, July 29th. This is a boost from ASML’s previous quarterly dividend of $1.34. ASML’s dividend payout ratio (DPR) is 28.50%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ASML. Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating for the company. Wells Fargo & Company upped their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Sanford C. Bernstein dropped their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Susquehanna increased their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research report on Thursday, July 11th. Finally, Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Two research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,147.80.

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.