Equitable Trust Co. Sells 264 Shares of ASML Holding (NASDAQ:ASML)

Equitable Trust Co. lowered its stake in shares of ASML Holding (NASDAQ:ASML) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,033 shares of the semiconductor company’s stock after selling 264 shares during the quarter. Equitable Trust Co.’s holdings in ASML were worth $3,488,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Brookstone Capital Management boosted its position in ASML by 2.8% during the third quarter. Brookstone Capital Management now owns 1,025 shares of the semiconductor company’s stock worth $854,000 after purchasing an additional 28 shares during the period. CWM LLC lifted its holdings in shares of ASML by 5.4% in the third quarter. CWM LLC now owns 2,044 shares of the semiconductor company’s stock worth $1,703,000 after buying an additional 105 shares in the last quarter. Valeo Financial Advisors LLC lifted its holdings in shares of ASML by 14.5% in the third quarter. Valeo Financial Advisors LLC now owns 2,046 shares of the semiconductor company’s stock worth $1,705,000 after buying an additional 259 shares in the last quarter. Meyer Handelman Co. purchased a new stake in shares of ASML in the third quarter worth about $437,000. Finally, Carnegie Investment Counsel lifted its holdings in shares of ASML by 5.5% in the third quarter. Carnegie Investment Counsel now owns 1,260 shares of the semiconductor company’s stock worth $1,050,000 after buying an additional 66 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML opened at $727.70 on Monday. The stock has a 50-day moving average price of $725.13 and a 200-day moving average price of $766.81. 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 firm has a market cap of $286.29 billion, a PE ratio of 34.99, a P/E/G ratio of 1.63 and a beta of 1.47. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. Sell-side analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be issued a $1.5855 dividend. The ex-dividend date is Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 26.83%.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent analyst reports. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Sanford C. Bernstein lowered their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Wells Fargo & Company increased their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. lowered 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 note on Thursday, January 30th. Finally, BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target 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.