ASML Holding N.V. $ASML Shares Sold by Clough Capital Partners L P

Clough Capital Partners L P lowered its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 19.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,576 shares of the semiconductor company’s stock after selling 377 shares during the period. Clough Capital Partners L P’s holdings in ASML were worth $2,082,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Cornerstone Financial Management LLC purchased a new position in shares of ASML in the 4th quarter worth $26,000. Binnacle Investments Inc increased its stake in ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares during the last quarter. Resources Management Corp CT ADV increased its stake in ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 23 shares during the last quarter. North Star Investment Management Corp. raised its holdings in shares of ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the period. Finally, Jessup Wealth Management Inc purchased a new position in shares of ASML in the 4th quarter worth about $30,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

More ASML News

Here are the key news stories impacting ASML this week:

ASML Price Performance

NASDAQ ASML opened at $1,757.09 on Monday. The stock has a market cap of $691.03 billion, a PE ratio of 54.67, a P/E/G ratio of 0.90 and a beta of 1.78. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,999.96. The business has a 50 day moving average price of $1,754.95 and a two-hundred day moving average price of $1,526.71. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASMLGet Free Report) last posted its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. The company had revenue of $10.64 billion for the quarter. As a group, sell-side analysts predict that ASML Holding N.V. will post 43.6 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th will be paid a dividend of $2.1507 per share. The ex-dividend date of this dividend is Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML’s payout ratio is 33.51%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ASML shares. Sanford C. Bernstein lifted their price objective on ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Wall Street Zen raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a report on Friday, July 10th. Susquehanna reiterated a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. Finally, Morningstar downgraded shares of ASML to a “sell” rating in a research note on Wednesday, May 27th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,970.33.

Check Out Our Latest Report on ASML

ASML Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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