Natixis Advisors LLC Cuts Holdings in ASML Holding (NASDAQ:ASML)

Natixis Advisors LLC trimmed its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 2.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,937 shares of the semiconductor company's stock after selling 4,377 shares during the period. Natixis Advisors LLC's holdings in ASML were worth $121,602,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV boosted its stake in ASML by 4,379.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company's stock worth $910,102,000 after purchasing an additional 870,010 shares during the period. Fayez Sarofim & Co purchased a new position in ASML during the first quarter valued at $542,710,000. International Assets Investment Management LLC increased its holdings in ASML by 94,079.7% in the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company's stock valued at $4,096,410,000 after acquiring an additional 491,096 shares during the last quarter. Van ECK Associates Corp boosted its holdings in shares of ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company's stock valued at $1,464,061,000 after purchasing an additional 474,653 shares during the last quarter. Finally, GQG Partners LLC increased its holdings in shares of ASML by 21.6% in the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company's stock worth $1,608,921,000 after purchasing an additional 294,784 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Trading Down 5.0 %

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. ASML Holding has a one year low of $654.77 and a one year high of $1,110.09. The stock has a market cap of $259.12 billion, a PE ratio of 34.48, a P/E/G ratio of 1.95 and a beta of 1.51. The company has a 50 day moving average of $756.70 and a 200-day moving average of $881.59. 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 (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating analysts' consensus estimates of $5.24 by $0.56. The company had revenue of $8.21 billion during 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%. On average, research analysts anticipate that ASML Holding will post 20.77 EPS for the current year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were given a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Tuesday, October 29th. ASML's payout ratio is 29.21%.

Analysts Set New Price Targets

ASML has been the subject of several research analyst reports. UBS Group cut ASML from a "buy" rating to a "neutral" rating in a report on Wednesday, September 4th. Barclays raised shares of ASML from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, July 30th. Morgan Stanley cut shares of ASML from an "overweight" rating to an "equal weight" rating in a research note on Friday, September 20th. Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a "positive" rating for the company in a research report on Friday, October 11th. Finally, JPMorgan Chase & Co. lowered their price objective on ASML from $1,207.00 to $1,148.00 and set an "overweight" rating for the company in a research note on Thursday, October 17th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and an average price target 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.