Channing Global Advisors LLC Has $1.05 Million Position in ASML Holding (NASDAQ:ASML)

Channing Global Advisors LLC boosted its position in ASML Holding (NASDAQ:ASML) by 18.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,265 shares of the semiconductor company’s stock after buying an additional 197 shares during the quarter. Channing Global Advisors LLC’s holdings in ASML were worth $1,054,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Hilltop National Bank raised its holdings in ASML by 1.0% during the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock worth $997,000 after acquiring an additional 10 shares in the last quarter. Valley National Advisers Inc. boosted its holdings in shares of ASML by 1.1% in the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock valued at $1,159,000 after buying an additional 12 shares during the last quarter. Pure Financial Advisors LLC grew its stake in shares of ASML by 2.8% in the second quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock valued at $454,000 after buying an additional 12 shares in the last quarter. First Pacific Financial grew its stake in shares of 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 buying an additional 12 shares in the last quarter. Finally, RMR Wealth Builders increased its holdings in ASML by 0.6% during the second quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock worth $2,162,000 after buying an additional 12 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 0.2 %

ASML opened at $670.48 on Friday. The stock has a market capitalization of $263.78 billion, a price-to-earnings ratio of 35.10, a P/E/G ratio of 1.95 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 company has a 50-day simple moving average of $734.37 and a 200 day simple moving average of $867.34.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. The company had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. Analysts predict that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were issued a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date was Tuesday, October 29th. ASML’s dividend payout ratio is presently 29.21%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Susquehanna dropped their price objective on 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. JPMorgan Chase & Co. dropped their price target 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. Finally, Wells Fargo & Company cut their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.