ASML Holding (NASDAQ:ASML) Shares Bought by Huntington National Bank

Huntington National Bank lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 17.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,187 shares of the semiconductor company’s stock after buying an additional 176 shares during the quarter. Huntington National Bank’s holdings in ASML were worth $989,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Cable Hill Partners LLC lifted its holdings in ASML by 3.7% during the third quarter. Cable Hill Partners LLC now owns 1,015 shares of the semiconductor company’s stock valued at $846,000 after purchasing an additional 36 shares in the last quarter. ICICI Prudential Asset Management Co Ltd lifted its stake in ASML by 23.1% in the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 1,230 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 231 shares in the last quarter. Kovack Advisors Inc. boosted its holdings in ASML by 6.4% in the 3rd quarter. Kovack Advisors Inc. now owns 467 shares of the semiconductor company’s stock worth $389,000 after buying an additional 28 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in ASML by 10.5% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 4,280 shares of the semiconductor company’s stock worth $3,566,000 after buying an additional 407 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its holdings in shares of ASML by 0.4% during the third quarter. Oppenheimer Asset Management Inc. now owns 27,341 shares of the semiconductor company’s stock valued at $22,782,000 after acquiring an additional 119 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Down 5.0 %

Shares of NASDAQ ASML opened at $658.63 on Friday. The company has a market capitalization of $259.12 billion, a P/E ratio of 34.48, a P/E/G ratio of 1.95 and a beta of 1.51. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The company has a 50 day simple moving average of $758.59 and a 200-day simple moving average of $883.33. ASML Holding has a 1 year low of $654.77 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The company had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.66 billion. On average, equities research analysts predict that ASML Holding will post 20.77 earnings per share for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were given a $1.407 dividend. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.85%. ASML’s payout ratio is currently 29.21%.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of research analyst reports. Susquehanna lowered their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Wells Fargo & Company dropped their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Finally, Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $970.60.

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.