ASML Holding (NASDAQ:ASML) is Henry James International Management Inc.’s 2nd Largest Position

Henry James International Management Inc. lessened its stake in ASML Holding (NASDAQ:ASML) by 4.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 15,557 shares of the semiconductor company’s stock after selling 694 shares during the quarter. ASML accounts for approximately 4.5% of Henry James International Management Inc.’s holdings, making the stock its 2nd largest position. Henry James International Management Inc.’s holdings in ASML were worth $12,963,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ASML. US Bancorp DE grew its holdings in ASML by 7.5% during the 3rd quarter. US Bancorp DE now owns 47,601 shares of the semiconductor company’s stock valued at $39,664,000 after buying an additional 3,321 shares in the last quarter. KP Management LLC grew its holdings in shares of ASML by 66.7% in the second quarter. KP Management LLC now owns 5,000 shares of the semiconductor company’s stock valued at $5,114,000 after purchasing an additional 2,000 shares in the last quarter. Harvard Management Co. Inc. increased its position in ASML by 239.8% in the second quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock worth $95,645,000 after purchasing an additional 66,000 shares during the last quarter. Pathway Financial Advisers LLC raised its stake in ASML by 97,001.7% during the third quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock valued at $94,665,000 after purchasing an additional 113,492 shares in the last quarter. Finally, Pictet North America Advisors SA lifted its position in ASML by 15.0% during the third quarter. Pictet North America Advisors SA now owns 5,929 shares of the semiconductor company’s stock valued at $4,940,000 after purchasing an additional 773 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on ASML. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Sanford C. Bernstein dropped their target price on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a report on Monday, October 21st. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Finally, Wells Fargo & Company cut their price objective 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. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $970.60.

ASML Price Performance

Shares of ASML stock opened at $673.90 on Monday. The company’s 50-day simple moving average is $793.52 and its two-hundred day simple moving average is $896.99. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a one year low of $631.17 and a one year high of $1,110.09. The company has a market capitalization of $265.13 billion, a P/E ratio of 35.33, a P/E/G ratio of 1.94 and a beta of 1.51.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th will be issued a dividend of $1.407 per share. The ex-dividend date is Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.84%. ASML’s payout ratio is currently 29.21%.

About ASML

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.