Crew Capital Management Ltd Sells 278 Shares of ASML Holding N.V. $ASML

Crew Capital Management Ltd cut its holdings in ASML Holding N.V. (NASDAQ:ASML) by 21.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,032 shares of the semiconductor company’s stock after selling 278 shares during the quarter. ASML makes up about 1.1% of Crew Capital Management Ltd’s holdings, making the stock its 20th biggest holding. Crew Capital Management Ltd’s holdings in ASML were worth $2,053,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ASML. Boston Common Asset Management LLC purchased a new position in ASML during the first quarter valued at $4,355,000. Cambridge Investment Research Advisors Inc. boosted its holdings in ASML by 3.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock worth $24,036,000 after acquiring an additional 760 shares in the last quarter. Keudell Morrison Wealth Management purchased a new stake in shares of ASML in the fourth quarter worth $1,402,000. Keybank National Association OH grew its stake in shares of ASML by 21.3% in the fourth quarter. Keybank National Association OH now owns 65,354 shares of the semiconductor company’s stock worth $69,920,000 after acquiring an additional 11,459 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC increased its holdings in shares of ASML by 507.0% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 2,695 shares of the semiconductor company’s stock valued at $2,883,000 after acquiring an additional 2,251 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

NASDAQ ASML opened at $1,844.45 on Friday. ASML Holding N.V. has a one year low of $716.20 and a one year high of $1,999.96. The stock has a 50-day moving average of $1,781.65 and a 200 day moving average of $1,567.15. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The company has a market capitalization of $725.39 billion, a price-to-earnings ratio of 57.39, a PEG ratio of 0.92 and a beta of 1.79.

ASML (NASDAQ:ASML) last posted its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The business had revenue of $10.64 billion for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. On average, sell-side analysts forecast that ASML Holding N.V. will post 44.85 EPS for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were issued a dividend of $2.1507 per share. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. ASML’s payout ratio is presently 22.62%.

Analysts Set New Price Targets

Several research firms have recently issued reports on ASML. Morningstar lowered ASML to a “sell” rating in a research report on Wednesday, May 27th. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Barclays restated an “overweight” rating on shares of ASML in a research note on Thursday, July 16th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research note on Tuesday, July 7th. Finally, Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average price target of $1,970.33.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.