CWA Asset Management Group LLC Decreases Holdings in ASML Holding (NASDAQ:ASML)

CWA Asset Management Group LLC lowered its position in ASML Holding (NASDAQ:ASML) by 14.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,405 shares of the semiconductor company’s stock after selling 242 shares during the quarter. CWA Asset Management Group LLC’s holdings in ASML were worth $974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Central Pacific Bank Trust Division bought a new position in shares of ASML during the 4th quarter valued at $1,174,000. GAMMA Investing LLC grew its stake in shares of ASML by 4.0% during the fourth quarter. GAMMA Investing LLC now owns 1,995 shares of the semiconductor company’s stock valued at $1,383,000 after buying an additional 77 shares during the last quarter. Versant Capital Management Inc bought a new stake in shares of ASML in the 4th quarter valued at about $76,000. Principal Financial Group Inc. boosted its holdings in ASML by 104.4% during the 3rd quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock valued at $5,840,000 after acquiring an additional 3,580 shares during the period. Finally, B. Riley Wealth Advisors Inc. increased its stake in ASML by 2.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 5,977 shares of the semiconductor company’s stock worth $4,980,000 after purchasing an additional 164 shares during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

Shares of ASML stock opened at $757.58 on Wednesday. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company’s fifty day moving average price is $695.98 and its 200-day moving average price is $811.72. The stock has a market cap of $298.05 billion, a PE ratio of 39.66, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The business had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. On average, equities analysts expect that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were paid a $1.407 dividend. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.74%. ASML’s dividend payout ratio is currently 29.21%.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of analyst reports. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Sanford C. Bernstein decreased their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Wells Fargo & Company dropped their target price 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. JPMorgan Chase & Co. reduced their price target on 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, Susquehanna dropped their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Three investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $943.83.

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.