Captrust Financial Advisors Has $12.98 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

Captrust Financial Advisors lowered its position in shares of ASML Holding (NASDAQ:ASML) by 10.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,579 shares of the semiconductor company’s stock after selling 1,784 shares during the quarter. Captrust Financial Advisors’ holdings in ASML were worth $12,981,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ASML. Taurus Asset Management LLC bought a new stake in shares of ASML in the 3rd quarter valued at $16,994,000. Stockman Wealth Management Inc. raised its position in shares of ASML by 7.2% during the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after purchasing an additional 1,032 shares during the period. US Bancorp DE lifted its holdings in shares of ASML by 7.5% during the 3rd quarter. US Bancorp DE now owns 47,601 shares of the semiconductor company’s stock valued at $39,664,000 after purchasing an additional 3,321 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of ASML by 104.4% in the 3rd quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock valued at $5,840,000 after purchasing an additional 3,580 shares during the period. Finally, Vantage Investment Partners LLC increased its stake in ASML by 8.5% during the 3rd quarter. Vantage Investment Partners LLC now owns 34,767 shares of the semiconductor company’s stock worth $28,970,000 after purchasing an additional 2,736 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wells Fargo & Company reduced their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Susquehanna decreased their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Finally, JPMorgan Chase & Co. cut their target price 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. Three 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $961.00.

ASML Stock Up 2.4 %

NASDAQ:ASML opened at $686.61 on Monday. The firm has a market capitalization of $270.13 billion, a price-to-earnings ratio of 35.95, a price-to-earnings-growth ratio of 1.99 and a beta of 1.51. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The stock’s 50 day moving average price is $732.20 and its two-hundred day moving average price is $864.88.

ASML (NASDAQ:ASML) 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. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. Equities research analysts expect that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were issued a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s payout ratio is currently 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.