Huntington National Bank decreased its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 42.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 683 shares of the semiconductor company's stock after selling 504 shares during the quarter. Huntington National Bank's holdings in ASML were worth $473,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in ASML by 56.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 565 shares of the semiconductor company's stock valued at $471,000 after acquiring an additional 205 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of ASML by 36.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,799 shares of the semiconductor company's stock worth $5,665,000 after buying an additional 1,830 shares during the period. Integrated Wealth Concepts LLC raised its holdings in ASML by 6.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,332 shares of the semiconductor company's stock valued at $1,943,000 after buying an additional 148 shares during the last quarter. IHT Wealth Management LLC increased its position in shares of ASML by 28.2% in the third quarter. IHT Wealth Management LLC now owns 1,373 shares of the semiconductor company's stock valued at $1,139,000 after acquiring an additional 302 shares during the period. Finally, Morse Asset Management Inc purchased a new position in ASML during the 3rd quarter valued at about $52,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
ASML has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their target price on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a report on Monday, January 13th. JPMorgan Chase & Co. lowered their price objective 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. Finally, DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML currently has an average rating of "Moderate Buy" and an average target price of $937.00.
Check Out Our Latest Research Report on ASML
ASML Stock Performance
Shares of NASDAQ ASML traded up $15.75 during midday trading on Tuesday, hitting $631.59. 970,971 shares of the stock traded hands, compared to its average volume of 1,588,622. The firm has a market capitalization of $248.48 billion, a P/E ratio of 30.40, a PEG ratio of 1.62 and a beta of 1.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The firm has a 50-day moving average of $715.24 and a two-hundred day moving average of $724.50.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results 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 net margin of 26.78% and a return on equity of 47.73%. On average, equities analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal 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 given a dividend of $1.5855 per share. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML's payout ratio is presently 31.35%.
About ASML
(
Free Report)
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.
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