Summit Trail Advisors LLC Sells 15 Shares of ASML Holding (NASDAQ:ASML)

Summit Trail Advisors LLC cut its position in shares of ASML Holding (NASDAQ:ASML) by 1.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,532 shares of the semiconductor company’s stock after selling 15 shares during the quarter. Summit Trail Advisors LLC’s holdings in ASML were worth $1,062,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ASML. Fairway Wealth LLC purchased a new position in ASML in the 3rd quarter worth approximately $25,000. Milestone Investment Advisors LLC purchased a new position in ASML during the third quarter valued at $28,000. Kennebec Savings Bank boosted its holdings in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares in the last quarter. Fortitude Family Office LLC grew its position in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after buying an additional 15 shares during the period. Finally, Brooklyn Investment Group bought a new position in shares of ASML in the 3rd quarter worth about $43,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 1.2 %

ASML opened at $752.98 on Wednesday. ASML Holding has a twelve month low of $645.45 and a twelve month 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 company has a 50-day moving average price of $725.78 and a 200 day moving average price of $765.23. The company has a market cap of $296.24 billion, a PE ratio of 36.20, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Sell-side 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 Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a dividend of $1.5855 per share. The ex-dividend date is Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is presently 26.83%.

Wall Street Analyst Weigh In

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