Yousif Capital Management LLC Lowers Position in ASML Holding (NASDAQ:ASML)

Yousif Capital Management LLC decreased its stake in shares of ASML Holding (NASDAQ:ASML) by 30.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,251 shares of the semiconductor company’s stock after selling 1,900 shares during the period. Yousif Capital Management LLC’s holdings in ASML were worth $2,946,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Carnegie Investment Counsel boosted its holdings in ASML by 68.9% during the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after acquiring an additional 868 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in shares of ASML during the fourth quarter valued at about $1,174,000. Taurus Asset Management LLC purchased a new position in ASML during the third quarter worth about $16,994,000. State Street Corp grew its position in ASML by 5.2% in the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after purchasing an additional 7,010 shares in the last quarter. Finally, Stockman Wealth Management Inc. increased its stake in ASML by 7.2% in the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock valued at $12,800,000 after buying an additional 1,032 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ ASML opened at $727.70 on Monday. The company’s 50 day moving average is $725.13 and its 200-day moving average is $766.81. The firm has a market cap of $286.29 billion, a P/E ratio of 34.99, a price-to-earnings-growth ratio of 1.63 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. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Sell-side analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th will be given a dividend of $1.5855 per share. The ex-dividend date is Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is currently 26.83%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Sanford C. Bernstein cut their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Wells Fargo & Company upped their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Company 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.