Private Trust Co. NA Sells 131 Shares of ASML Holding (NASDAQ:ASML)

Private Trust Co. NA lessened its position in shares of ASML Holding (NASDAQ:ASML) by 15.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 728 shares of the semiconductor company’s stock after selling 131 shares during the period. Private Trust Co. NA’s holdings in ASML were worth $505,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Carnegie Investment Counsel boosted its holdings in shares of ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after acquiring an additional 868 shares during the period. Central Pacific Bank Trust Division bought a new stake in shares of ASML during the fourth quarter worth approximately $1,174,000. Taurus Asset Management LLC bought a new stake in shares of ASML during the third quarter worth approximately $16,994,000. State Street Corp boosted its holdings in shares of ASML by 5.2% during the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after acquiring an additional 7,010 shares during the period. Finally, Stockman Wealth Management Inc. boosted its holdings in shares of ASML by 7.2% during the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after acquiring an additional 1,032 shares during the period. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research analyst reports. BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. JPMorgan Chase & Co. cut their price target 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 boosted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Up 1.6 %

Shares of ASML opened at $708.71 on Friday. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a market cap of $278.82 billion, a P/E ratio of 34.07, a P/E/G ratio of 1.62 and a beta of 1.47. 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 50 day simple moving average of $733.15 and a two-hundred day simple moving average of $754.07.

ASML (NASDAQ:ASML) last announced its quarterly earnings data 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%. Research analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is 31.35%.

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.