Central Asset Investments & Management Holdings HK Ltd Has $483,000 Holdings in ASML Holding (NASDAQ:ASML)

Central Asset Investments & Management Holdings HK Ltd lowered its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 59.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 580 shares of the semiconductor company's stock after selling 833 shares during the period. ASML comprises about 0.5% of Central Asset Investments & Management Holdings HK Ltd's investment portfolio, making the stock its 23rd biggest holding. Central Asset Investments & Management Holdings HK Ltd's holdings in ASML were worth $483,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of ASML by 0.8% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 6,840 shares of the semiconductor company's stock valued at $6,638,000 after buying an additional 53 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of ASML by 7.0% during the first quarter. Kingsview Wealth Management LLC now owns 1,460 shares of the semiconductor company's stock valued at $1,417,000 after buying an additional 95 shares during the last quarter. Jupiter Asset Management Ltd. bought a new stake in shares of ASML during the first quarter valued at approximately $6,655,000. TIAA Trust National Association raised its holdings in shares of ASML by 17.0% during the first quarter. TIAA Trust National Association now owns 1,186 shares of the semiconductor company's stock valued at $1,151,000 after buying an additional 172 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in shares of ASML by 1,523.4% during the first quarter. Acadian Asset Management LLC now owns 45,358 shares of the semiconductor company's stock valued at $44,001,000 after buying an additional 42,564 shares during the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Price Performance

ASML stock traded down $34.33 during mid-day trading on Friday, hitting $658.63. The company's stock had a trading volume of 3,063,214 shares, compared to its average volume of 1,440,591. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $259.12 billion, a P/E ratio of 34.48, a P/E/G ratio of 1.95 and a beta of 1.51. ASML Holding has a twelve month low of $654.77 and a twelve month high of $1,110.09. The stock's fifty day moving average price is $756.70 and its two-hundred day moving average price is $881.59.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. The firm had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. Research analysts forecast that ASML Holding will post 20.77 earnings per share for the current year.

ASML Cuts Dividend

The company 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. This represents a $5.63 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML's payout ratio is 29.21%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ASML shares. UBS Group cut ASML from a "buy" rating to a "neutral" rating in a report on Wednesday, September 4th. Susquehanna lowered their price objective on shares of 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. Wells Fargo & Company lowered their price objective on shares of ASML from $1,000.00 to $790.00 and set an "overweight" rating on the stock in a research note on Thursday, October 17th. Sanford C. Bernstein lowered their price objective on shares of ASML from $1,052.00 to $815.00 and set an "outperform" rating on the stock in a research note on Monday, October 21st. Finally, Barclays upgraded shares of ASML from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, July 30th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $970.60.

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.