Marietta Investment Partners LLC Sells 1,168 Shares of ASML Holding (NASDAQ:ASML)

Marietta Investment Partners LLC trimmed its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 19.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,949 shares of the semiconductor company's stock after selling 1,168 shares during the quarter. Marietta Investment Partners LLC's holdings in ASML were worth $3,430,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Thrivent Financial for Lutherans grew its position in ASML by 34.8% during the third quarter. Thrivent Financial for Lutherans now owns 3,108 shares of the semiconductor company's stock worth $2,589,000 after buying an additional 802 shares in the last quarter. Commerce Bank lifted its position in shares of ASML by 6.6% in the 3rd quarter. Commerce Bank now owns 3,589 shares of the semiconductor company's stock worth $2,991,000 after acquiring an additional 222 shares during the period. First Horizon Advisors Inc. grew its holdings in shares of ASML by 31.1% during the 3rd quarter. First Horizon Advisors Inc. now owns 856 shares of the semiconductor company's stock worth $713,000 after purchasing an additional 203 shares in the last quarter. Moors & Cabot Inc. increased its position in shares of ASML by 4.1% during the third quarter. Moors & Cabot Inc. now owns 1,165 shares of the semiconductor company's stock valued at $971,000 after purchasing an additional 46 shares during the period. Finally, Citizens Financial Group Inc. RI raised its stake in shares of ASML by 33.0% in the third quarter. Citizens Financial Group Inc. RI now owns 262 shares of the semiconductor company's stock valued at $218,000 after purchasing an additional 65 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

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ASML Price Performance

Shares of NASDAQ:ASML traded down $1.10 during trading on Tuesday, reaching $726.74. The stock had a trading volume of 1,243,581 shares, compared to its average volume of 1,532,235. The stock has a market capitalization of $285.92 billion, a PE ratio of 34.94, a P/E/G ratio of 1.62 and a beta of 1.54. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The business's 50-day moving average price is $730.70 and its 200 day moving average price is $733.15. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data 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 return on equity of 47.73% and a net margin of 26.78%. As a group, equities analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given a $1.5855 dividend. 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 presently 31.35%.

Analyst Ratings Changes

Several equities research analysts have issued reports on ASML shares. BNP Paribas initiated coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price target on the stock. JPMorgan Chase & Co. decreased their target price 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. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Sanford C. Bernstein decreased their price objective on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a report on Friday, November 29th. Finally, Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $937.00.

ASML 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.