Stephens Inc. AR Reduces Stake in ASML Holding (NASDAQ:ASML)

Stephens Inc. AR trimmed its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 62.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,263 shares of the semiconductor company's stock after selling 3,717 shares during the quarter. Stephens Inc. AR's holdings in ASML were worth $1,886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Hilltop National Bank raised its holdings in shares of ASML by 1.0% during the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company's stock valued at $997,000 after purchasing an additional 10 shares during the period. Valley National Advisers Inc. raised its stake in ASML by 1.1% during the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company's stock worth $1,159,000 after buying an additional 12 shares during the period. Pure Financial Advisors LLC boosted its holdings in ASML by 2.8% in the second quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company's stock worth $454,000 after acquiring an additional 12 shares in the last quarter. First Pacific Financial grew its stake in ASML by 1.1% in the second quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company's stock valued at $1,146,000 after acquiring an additional 12 shares during the period. Finally, RMR Wealth Builders increased its holdings in shares of ASML by 0.6% during the second quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company's stock valued at $2,162,000 after acquiring an additional 12 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on ASML. Berenberg Bank upgraded ASML to a "strong-buy" rating in a report on Wednesday, October 2nd. Susquehanna dropped 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. UBS Group downgraded shares of ASML from a "buy" rating to a "neutral" rating in a research report on Wednesday, September 4th. Wells Fargo & Company dropped their price target on shares of ASML from $1,000.00 to $790.00 and set an "overweight" rating on the stock in a research report on Thursday, October 17th. Finally, Morgan Stanley lowered ASML from an "overweight" rating to an "equal weight" rating in a report on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $970.60.

ASML Trading Down 0.5 %

NASDAQ:ASML opened at $671.16 on Tuesday. ASML Holding has a 52 week low of $631.17 and a 52 week high of $1,110.09. The firm has a 50-day moving average price of $789.28 and a two-hundred day moving average price of $895.46. The firm has a market cap of $264.05 billion, a price-to-earnings ratio of 35.14, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th will be paid a $1.407 dividend. The ex-dividend date is Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.84%. ASML's dividend payout ratio (DPR) is presently 29.21%.

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.