Haverford Trust Co Sells 4,547 Shares of ASML Holding (NASDAQ:ASML)

Haverford Trust Co trimmed its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 13.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,712 shares of the semiconductor company's stock after selling 4,547 shares during the quarter. Haverford Trust Co's holdings in ASML were worth $20,593,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Carnegie Investment Counsel raised its stake 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 acquiring an additional 868 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of ASML in the fourth quarter worth approximately $1,174,000. State Street Corp lifted its position in shares of ASML by 5.2% in the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company's stock worth $117,323,000 after purchasing an additional 7,010 shares during the period. Foundations Investment Advisors LLC boosted its position in ASML by 36.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock valued at $18,243,000 after acquiring an additional 7,073 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in 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. 26.07% of the stock is currently owned by institutional investors.

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ASML Stock Performance

Shares of NASDAQ:ASML traded down $4.66 during mid-day trading on Thursday, reaching $701.10. The company had a trading volume of 234,417 shares, compared to its average volume of 1,527,041. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company's 50-day moving average price is $730.29 and its 200-day moving average price is $732.96. The firm has a market cap of $275.83 billion, a price-to-earnings ratio of 33.67, a PEG ratio of 1.62 and a beta of 1.54.

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

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML's previous dividend of $1.08. ASML's dividend payout ratio (DPR) is 31.35%.

Analysts Set New Price Targets

Several research analysts recently issued reports on ASML shares. Sanford C. Bernstein cut their target price on shares of ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research note on Friday, November 29th. BNP Paribas started coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price for the company. Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research note on Monday, January 13th. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.