PDS Planning Inc Sells 184 Shares of ASML Holding (NASDAQ:ASML)

PDS Planning Inc decreased its position in shares of ASML Holding (NASDAQ:ASML) by 12.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,330 shares of the semiconductor company’s stock after selling 184 shares during the quarter. PDS Planning Inc’s holdings in ASML were worth $1,108,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Hilltop National Bank boosted its holdings in ASML by 1.0% during the 2nd quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock worth $997,000 after acquiring an additional 10 shares during the last quarter. Valley National Advisers Inc. raised its stake in shares of ASML by 1.1% during the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock worth $1,159,000 after purchasing an additional 12 shares during the period. Pure Financial Advisors LLC raised its stake in shares of ASML by 2.8% during the 2nd quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock worth $454,000 after purchasing an additional 12 shares during the period. First Pacific Financial raised its stake in ASML by 1.1% in the 2nd quarter. First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock valued at $1,146,000 after acquiring an additional 12 shares during the period. Finally, RMR Wealth Builders boosted its position in ASML by 0.6% during the second quarter. RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock worth $2,162,000 after purchasing an additional 12 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML traded up $0.50 on Monday, reaching $675.23. The company had a trading volume of 256,504 shares, compared to its average volume of 1,399,953. ASML Holding has a 52-week low of $631.17 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The business has a 50 day simple moving average of $793.52 and a 200 day simple moving average of $896.99. The company has a market cap of $265.65 billion, a price-to-earnings ratio of 35.28, a P/E/G ratio of 1.94 and a beta of 1.51.

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 given a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Tuesday, October 29th. ASML’s payout ratio is currently 29.21%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Sanford C. Bernstein cut their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research report on Monday, October 21st. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Susquehanna lowered their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $970.60.

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.