Stock Yards Bank & Trust Co. Has $36.55 Million Holdings in ASML Holding (NASDAQ:ASML)

Stock Yards Bank & Trust Co. increased its position in shares of ASML Holding (NASDAQ:ASML) by 144.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 52,729 shares of the semiconductor company’s stock after purchasing an additional 31,130 shares during the period. ASML accounts for 1.3% of Stock Yards Bank & Trust Co.’s investment portfolio, making the stock its 25th largest holding. Stock Yards Bank & Trust Co.’s holdings in ASML were worth $36,545,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Alterna Wealth Management Inc. lifted its position in shares of ASML by 32.7% in the fourth quarter. Alterna Wealth Management Inc. now owns 337 shares of the semiconductor company’s stock valued at $234,000 after buying an additional 83 shares during the last quarter. GPS Wealth Strategies Group LLC raised its stake in ASML by 59.5% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 59 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 22 shares during the period. Valley National Advisers Inc. lifted its holdings in ASML by 6.1% during the 4th quarter. Valley National Advisers Inc. now owns 1,023 shares of the semiconductor company’s stock valued at $709,000 after purchasing an additional 59 shares during the last quarter. Round Rock Advisors LLC bought a new position in ASML during the fourth quarter worth $234,000. Finally, U.S. Capital Wealth Advisors LLC increased its holdings in shares of ASML by 92.1% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 1,435 shares of the semiconductor company’s stock valued at $995,000 after purchasing an additional 688 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ASML shares. Sanford C. Bernstein reduced their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Susquehanna decreased their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. reduced their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Trading Up 0.3 %

Shares of ASML stock opened at $739.31 on Monday. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $290.86 billion, a price-to-earnings ratio of 35.54, a PEG ratio of 2.25 and a beta of 1.47. The firm’s 50-day moving average price is $719.37 and its two-hundred day moving average price is $773.48. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings data 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 net margin of 26.78% and a return on equity of 50.53%. On average, analysts forecast that ASML Holding will post 25.07 earnings per share for the current fiscal year.

ASML Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be given a dividend of $1.6414 per share. The ex-dividend date of this dividend is Monday, April 28th. This represents a $6.57 dividend on an annualized basis and a yield of 0.89%. ASML’s dividend payout ratio is currently 26.83%.

ASML 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.