ASML Holding (NASDAQ:ASML) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN reduced its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 7.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 585,019 shares of the semiconductor company's stock after selling 46,063 shares during the period. Wells Fargo & Company MN owned about 0.15% of ASML worth $405,466,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kennebec Savings Bank raised its position in ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 25 shares in the last quarter. Wellington Shields & Co. LLC increased its position in shares of ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after buying an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML during the 4th quarter valued at approximately $31,000. Legacy Investment Solutions LLC purchased a new position in ASML during the third quarter valued at $44,000. Finally, Albion Financial Group UT grew its position 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 purchasing an additional 32 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Trading Up 2.6 %

Shares of ASML stock traded up $15.75 during trading hours on Tuesday, hitting $631.59. The company had a trading volume of 970,971 shares, compared to its average volume of 1,588,630. 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 debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The company's fifty day moving average is $715.24 and its 200 day moving average is $724.50. The stock has a market capitalization of $248.48 billion, a PE ratio of 30.40, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67.

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ASML (NASDAQ:ASML - Get Free Report) last announced 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%. Research analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business 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. The ex-dividend date is Monday, April 28th. This is a positive change from ASML's previous dividend of $1.08. ASML's dividend payout ratio is currently 31.35%.

Wall Street Analyst Weigh In

ASML has been the topic of several research analyst reports. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. reduced their price target on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Two research 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 company's stock. According to data from MarketBeat.com, ASML currently has a consensus rating of "Moderate Buy" and a consensus target price of $937.00.

ASML Company 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.