ASML Holding N.V. $ASML Stake Reduced by William Blair Investment Management LLC

William Blair Investment Management LLC reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 23.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,215 shares of the semiconductor company's stock after selling 1,000 shares during the quarter. William Blair Investment Management LLC's holdings in ASML were worth $2,576,000 at the end of the most recent quarter.

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Other institutional investors have also recently added to or reduced their stakes in the company. Maseco LLP bought a new position in ASML during the 2nd quarter worth $32,000. Banque Cantonale Vaudoise bought a new position in ASML during the 1st quarter worth $27,000. Costello Asset Management INC grew its stake in ASML by 147.1% during the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company's stock worth $34,000 after buying an additional 25 shares during the last quarter. PARK CIRCLE Co grew its stake in ASML by 80.0% during the 2nd quarter. PARK CIRCLE Co now owns 45 shares of the semiconductor company's stock worth $36,000 after buying an additional 20 shares during the last quarter. Finally, Knuff & Co LLC bought a new position in ASML during the 1st quarter worth $33,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ASML shares. JPMorgan Chase & Co. reissued a "buy" rating on shares of ASML in a research note on Wednesday, October 15th. HSBC reissued a "buy" rating on shares of ASML in a research note on Friday. Jefferies Financial Group reissued a "neutral" rating on shares of ASML in a research note on Monday, October 13th. Bank Degroof cut ASML to a "hold" rating in a research note on Friday, October 10th. Finally, Morgan Stanley raised ASML from an "equal weight" rating to an "overweight" rating in a research note on Monday, September 22nd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $1,051.60.

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Get Our Latest Analysis on ASML

ASML Trading Up 1.3%

Shares of ASML stock opened at $1,042.15 on Tuesday. The stock has a 50-day simple moving average of $870.70 and a 200 day simple moving average of $778.13. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,059.00. The stock has a market capitalization of $409.86 billion, a P/E ratio of 42.42, a P/E/G ratio of 1.70 and a beta of 1.87. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

• ASML Is a Hidden Gem in This Technology Rally, a Catch Up Play

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, beating the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The business had revenue of $8.71 billion during the quarter, compared to analysts' expectations of $8.99 billion. During the same quarter last year, the business posted $5.28 earnings per share. The company's quarterly revenue was up .7% on a year-over-year basis. On average, sell-side analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. This is an increase from ASML's previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, October 29th. ASML's dividend payout ratio (DPR) is 25.56%.

ASML 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.

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