Mowery & Schoenfeld Wealth Management LLC Sells 47 Shares of ASML Holding (NASDAQ:ASML)

Mowery & Schoenfeld Wealth Management LLC lowered its position in ASML Holding (NASDAQ:ASML) by 60.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31 shares of the semiconductor company’s stock after selling 47 shares during the quarter. Mowery & Schoenfeld Wealth Management LLC’s holdings in ASML were worth $26,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ASML. Mercer Global Advisors Inc. ADV raised its position in ASML by 4,379.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after purchasing an additional 870,010 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of ASML by 50.0% in the 1st quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock worth $1,668,386,000 after buying an additional 572,996 shares in the last quarter. Fayez Sarofim & Co bought a new position in shares of ASML during the 1st quarter worth approximately $542,710,000. International Assets Investment Management LLC boosted its stake in ASML by 94,079.7% in the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after buying an additional 491,096 shares in the last quarter. Finally, GQG Partners LLC grew its position in ASML by 21.6% in the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock valued at $1,608,921,000 after acquiring an additional 294,784 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ASML shares. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Wells Fargo & Company cut their target price on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Finally, Susquehanna decreased their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $970.60.

ASML Trading Up 0.4 %

NASDAQ:ASML traded up $3.18 during trading hours on Thursday, hitting $711.80. 795,005 shares of the stock were exchanged, compared to its average volume of 1,386,314. The company has a market capitalization of $280.87 billion, a P/E ratio of 36.42, a price-to-earnings-growth ratio of 2.08 and a beta of 1.48. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. The company’s 50 day moving average is $825.27 and its two-hundred day moving average is $910.74. ASML Holding has a twelve month low of $581.57 and a twelve month high of $1,110.09.

ASML Cuts Dividend

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

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.