Central Pacific Bank Trust Division Sells 484 Shares of ASML Holding N.V. $ASML

Central Pacific Bank Trust Division lessened its holdings in ASML Holding N.V. (NASDAQ:ASML) by 18.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,158 shares of the semiconductor company’s stock after selling 484 shares during the period. Central Pacific Bank Trust Division’s holdings in ASML were worth $4,293,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Capstone Wealth Management Group LLC lifted its holdings in shares of ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC grew its holdings in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after buying an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in ASML by 153.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after buying an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC raised its position in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after buying an additional 15 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in ASML by 5.2% during the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after acquiring an additional 559 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the topic of a number of analyst reports. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a report on Monday, June 1st. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Thursday, June 11th. UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Wall Street Zen upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Wells Fargo & Company upped their price objective on shares of ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,970.33.

ASML Stock Up 4.2%

ASML stock opened at $1,711.89 on Wednesday. The stock’s fifty day simple moving average is $1,763.99 and its two-hundred day simple moving average is $1,545.51. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. ASML Holding N.V. has a 1-year low of $684.24 and a 1-year high of $1,999.96. The stock has a market cap of $673.25 billion, a P/E ratio of 53.26, a P/E/G ratio of 0.82 and a beta of 1.79.

ASML (NASDAQ:ASML) last announced its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The firm had revenue of $10.64 billion during the quarter. Analysts expect that ASML Holding N.V. will post 44.68 EPS for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th will be given a dividend of $2.1507 per share. The ex-dividend date is Tuesday, July 28th. This represents a $8.60 annualized dividend and a yield of 0.5%. ASML’s dividend payout ratio is presently 22.62%.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.