Little House Capital LLC Lowers Stake in ASML Holding (NASDAQ:ASML)

Little House Capital LLC reduced its stake in shares of ASML Holding (NASDAQ:ASML) by 12.0% in the first quarter, HoldingsChannel reports. The firm owned 942 shares of the semiconductor company’s stock after selling 128 shares during the period. Little House Capital LLC’s holdings in ASML were worth $914,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. WD Rutherford LLC acquired a new stake in ASML in the first quarter worth about $29,000. Beaird Harris Wealth Management LLC purchased a new stake in ASML during the 4th quarter worth approximately $34,000. Creative Financial Designs Inc. ADV increased its stake in ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 15 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of ASML in the fourth quarter worth $44,000. Finally, Bruce G. Allen Investments LLC acquired a new stake in shares of ASML during the fourth quarter worth $49,000. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock traded up $6.46 during trading on Monday, hitting $1,029.19. The stock had a trading volume of 552,309 shares, compared to its average volume of 1,132,208. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,077.22. The company’s 50-day moving average price is $964.40 and its two-hundred day moving average price is $909.05. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The stock has a market capitalization of $406.11 billion, a P/E ratio of 52.09, a PEG ratio of 2.16 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The firm had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.73 billion. As a group, research analysts predict that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.52%. ASML’s payout ratio is presently 32.53%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Wells Fargo & Company raised their target price on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research note on Monday, June 17th. Evercore ISI started coverage on shares of ASML in a research report on Tuesday, April 16th. They set an “outperform” rating for the company. Finally, Sanford C. Bernstein dropped their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,043.00.

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.