Heritage Trust Co Acquires New Stake in ASML Holding (NASDAQ:ASML)

Heritage Trust Co bought a new stake in ASML Holding (NASDAQ:ASML - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,027 shares of the semiconductor company's stock, valued at approximately $712,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Kennebec Savings Bank increased its position in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 25 shares in the last quarter. Wellington Shields & Co. LLC grew its holdings in shares of ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of ASML in the fourth quarter valued at $31,000. Albion Financial Group UT raised its holdings in shares of ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock valued at $39,000 after buying an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new position in ASML during the 4th quarter worth about $39,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Trading Up 1.5 %

NASDAQ ASML traded up $10.29 during trading on Tuesday, reaching $683.16. 2,013,532 shares of the stock traded hands, compared to its average volume of 1,627,927. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The firm has a market cap of $268.77 billion, a price-to-earnings ratio of 32.84, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. The stock's 50-day moving average price is $704.82 and its 200 day moving average price is $716.86.

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

ASML Increases Dividend

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

Analysts Set New Price Targets

ASML has been the subject of a number of research 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 research note on Thursday, January 30th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Finally, Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, ASML presently has a consensus rating of "Moderate Buy" and an average price target 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.