Paradiem LLC Reduces Stock Position in ASML Holding (NASDAQ:ASML)

Paradiem LLC cut its holdings in ASML Holding (NASDAQ:ASML) by 59.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 962 shares of the semiconductor company’s stock after selling 1,394 shares during the period. Paradiem LLC’s holdings in ASML were worth $728,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ASML. Carmel Capital Partners LLC raised its position in shares of ASML by 200.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 30 shares during the period. Creative Financial Designs Inc. ADV grew its stake in ASML by 48.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 15 shares in the last quarter. Addison Advisors LLC grew its stake in ASML by 220.0% during the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 33 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in ASML during the fourth quarter valued at $44,000. Finally, Catalyst Capital Advisors LLC grew its stake in shares of ASML by 35.4% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock worth $38,000 after buying an additional 17 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ASML shares. Evercore ISI started coverage on shares of ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating for the company. Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Cantor Fitzgerald assumed coverage on shares of ASML in a research note on Tuesday, January 23rd. They set an “overweight” rating for the company. Sanford C. Bernstein dropped their price target on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research note on Friday, April 12th. Finally, Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

ASML Stock Performance

NASDAQ:ASML traded up $18.32 during trading hours on Friday, hitting $918.97. 865,078 shares of the company were exchanged, compared to its average volume of 1,204,430. The stock has a market capitalization of $362.62 billion, a price-to-earnings ratio of 46.93, a PEG ratio of 2.29 and a beta of 1.48. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The company’s 50 day moving average price is $955.61 and its 200-day moving average price is $805.93.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $5.12 by $0.48. The company had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. As a group, research analysts forecast that ASML Holding will post 20.04 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a $1.343 dividend. This represents a $5.37 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio (DPR) is currently 27.02%.

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.