ASML Holding (NASDAQ:ASML) Shares Sold by Signaturefd LLC

Signaturefd LLC decreased its position in shares of ASML Holding (NASDAQ:ASML) by 2.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 6,880 shares of the semiconductor company’s stock after selling 141 shares during the period. Signaturefd LLC’s holdings in ASML were worth $5,733,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ASML. KP Management LLC raised its position in ASML by 66.7% in the 2nd quarter. KP Management LLC now owns 5,000 shares of the semiconductor company’s stock valued at $5,114,000 after purchasing an additional 2,000 shares in the last quarter. Harvard Management Co. Inc. increased its holdings in shares of ASML by 239.8% in the 2nd quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock valued at $95,645,000 after acquiring an additional 66,000 shares during the last quarter. Point72 DIFC Ltd increased its holdings in shares of ASML by 122.1% in the 2nd quarter. Point72 DIFC Ltd now owns 6,415 shares of the semiconductor company’s stock valued at $6,560,000 after acquiring an additional 3,527 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of ASML by 169.4% in the 1st quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock valued at $22,661,000 after acquiring an additional 14,682 shares during the last quarter. Finally, Montag A & Associates Inc. grew its stake in ASML by 25,520.0% during the 1st quarter. Montag A & Associates Inc. now owns 1,281 shares of the semiconductor company’s stock worth $1,243,000 after buying an additional 1,276 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ:ASML traded up $4.90 on Tuesday, reaching $719.00. 1,316,826 shares of the company were exchanged, compared to its average volume of 1,384,090. The company has a 50-day moving average of $831.66 and a 200-day moving average of $913.99. 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 firm has a market cap of $283.71 billion, a price-to-earnings ratio of 36.73, a price-to-earnings-growth ratio of 2.08 and a beta of 1.48. ASML Holding has a 1-year low of $573.86 and a 1-year high of $1,110.09.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, November 17th. Investors of record on Tuesday, October 29th will be given a dividend of $1.407 per share. The ex-dividend date is Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.78%. ASML’s dividend payout ratio is currently 28.70%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. JPMorgan Chase & Co. dropped their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Finally, Wells Fargo & Company cut their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average 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.