ASML Holding (NASDAQ:ASML) Shares Sold by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC lessened its stake in ASML Holding (NASDAQ:ASML) by 77.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 698 shares of the semiconductor company’s stock after selling 2,429 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in ASML were worth $582,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Resources Management Corp CT ADV acquired a new stake in shares of ASML in the 2nd quarter worth $26,000. WD Rutherford LLC acquired a new stake in ASML during the first quarter worth about $29,000. Triad Wealth Partners LLC purchased a new position in ASML during the second quarter worth about $31,000. First Community Trust NA acquired a new position in ASML in the 2nd quarter valued at about $34,000. Finally, POM Investment Strategies LLC purchased a new stake in shares of ASML in the 2nd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on ASML shares. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Sanford C. Bernstein cut their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research report on Monday. Wells Fargo & Company decreased their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Finally, Susquehanna dropped their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $970.60.

ASML Trading Up 0.3 %

Shares of ASML stock opened at $710.81 on Friday. ASML Holding has a fifty-two week low of $581.57 and a fifty-two week high of $1,110.09. The company has a 50 day moving average price of $825.27 and a 200 day moving average price of $910.74. The stock has a market capitalization of $280.48 billion, a P/E ratio of 36.30, a price-to-earnings-growth ratio of 2.08 and a beta of 1.48. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th will be paid a $1.407 dividend. The ex-dividend date of this dividend is Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.79%. ASML’s dividend payout ratio (DPR) is 28.70%.

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.