D.A. Davidson & CO. Sells 17 Shares of ASML Holding (NASDAQ:ASML)

D.A. Davidson & CO. reduced its stake in ASML Holding (NASDAQ:ASML) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,525 shares of the semiconductor company’s stock after selling 17 shares during the quarter. D.A. Davidson & CO.’s holdings in ASML were worth $2,443,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Carnegie Investment Counsel raised its holdings in ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after purchasing an additional 868 shares during the period. Central Pacific Bank Trust Division bought a new position in ASML in the 4th quarter worth $1,174,000. Taurus Asset Management LLC bought a new position in ASML in the 3rd quarter worth $16,994,000. State Street Corp raised its holdings in ASML by 5.2% in the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after purchasing an additional 7,010 shares during the period. Finally, Stockman Wealth Management Inc. raised its holdings in ASML by 7.2% in the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after purchasing an additional 1,032 shares during the period. 26.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. 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. Wells Fargo & Company increased their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target 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. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Trading Down 0.8 %

Shares of ASML stock opened at $737.01 on Friday. The firm has a market cap of $289.96 billion, a price-to-earnings ratio of 35.43, a PEG ratio of 1.64 and a beta of 1.47. The business has a 50-day moving average price of $732.62 and a 200-day moving average price of $759.39. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Equities research analysts anticipate 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. Investors of record on Tuesday, February 11th were given a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 31.35%.

About ASML

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.