FRG Family Wealth Advisors LLC Trims Stock Position in ASML Holding (NASDAQ:ASML)

FRG Family Wealth Advisors LLC reduced its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 51.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 496 shares of the semiconductor company's stock after selling 530 shares during the period. FRG Family Wealth Advisors LLC's holdings in ASML were worth $344,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Carnegie Investment Counsel lifted its holdings in shares of ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock valued at $1,475,000 after purchasing an additional 868 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in ASML during the fourth quarter valued at $1,174,000. State Street Corp lifted its position in shares of ASML by 5.2% during the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company's stock valued at $117,323,000 after buying an additional 7,010 shares in the last quarter. Foundations Investment Advisors LLC boosted its position in shares of ASML by 36.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock worth $18,243,000 after purchasing an additional 7,073 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of ASML by 12.2% in the fourth quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock worth $6,764,000 after purchasing an additional 1,062 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

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ASML Stock Performance

Shares of ASML stock traded down $1.56 on Monday, hitting $667.25. The company had a trading volume of 897,631 shares, compared to its average volume of 1,623,669. The firm has a market cap of $262.51 billion, a P/E ratio of 32.08, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The company has a 50-day moving average price of $706.22 and a 200-day moving average price of $718.04. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts' consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, equities research analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be paid a dividend of $1.5855 per share. The ex-dividend date of this dividend is Monday, April 28th. This is a boost from ASML's previous dividend of $1.08. ASML's dividend payout ratio is currently 31.35%.

Analyst Ratings Changes

ASML has been the subject of several recent analyst reports. JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research report on Monday, January 13th. Finally, DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, ASML has an average rating of "Moderate Buy" and an average target price of $937.00.

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.