Cable Hill Partners LLC Sells 346 Shares of ASML Holding (NASDAQ:ASML)

Cable Hill Partners LLC cut its holdings in shares of ASML Holding (NASDAQ:ASML) by 34.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 669 shares of the semiconductor company’s stock after selling 346 shares during the period. Cable Hill Partners LLC’s holdings in ASML were worth $464,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ASML. Old Port Advisors lifted its holdings in ASML by 5.4% during the third quarter. Old Port Advisors now owns 391 shares of the semiconductor company’s stock worth $326,000 after acquiring an additional 20 shares in the last quarter. Fortitude Family Office LLC raised its stake in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the period. Diversify Advisory Services LLC raised its stake in shares of ASML by 257.4% in the 3rd quarter. Diversify Advisory Services LLC now owns 2,959 shares of the semiconductor company’s stock valued at $2,466,000 after purchasing an additional 2,131 shares during the period. Strategic Blueprint LLC raised its stake in shares of ASML by 24.3% in the 3rd quarter. Strategic Blueprint LLC now owns 475 shares of the semiconductor company’s stock valued at $396,000 after purchasing an additional 93 shares during the period. Finally, Deltec Asset Management LLC acquired a new stake in shares of ASML in the 3rd quarter valued at about $2,916,000. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Up 2.3 %

ASML stock opened at $746.93 on Thursday. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market capitalization of $293.86 billion, a P/E ratio of 35.91, a PEG ratio of 1.62 and a beta of 1.47. The stock has a 50-day simple moving average of $733.34 and a 200 day simple moving average of $756.28.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is presently 31.35%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ASML shares. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. JPMorgan Chase & Co. dropped their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Finally, DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $937.00.

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.