Dorsey & Whitney Trust CO LLC Boosts Stock Position in ASML Holding (NASDAQ:ASML)

Dorsey & Whitney Trust CO LLC lifted its position in ASML Holding (NASDAQ:ASML) by 9.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,623 shares of the semiconductor company’s stock after buying an additional 299 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in ASML were worth $2,511,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in ASML during the 4th quarter worth about $175,257,000. Fisher Funds Management LTD purchased a new stake in ASML during the 4th quarter worth about $137,386,000. SG Americas Securities LLC increased its holdings in ASML by 281.3% during the 4th quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock worth $108,601,000 after purchasing an additional 115,603 shares during the period. Westfield Capital Management Co. LP increased its holdings in ASML by 126.4% during the 3rd quarter. Westfield Capital Management Co. LP now owns 148,377 shares of the semiconductor company’s stock worth $123,635,000 after purchasing an additional 82,836 shares during the period. Finally, Empirical Asset Management LLC boosted its position in shares of ASML by 2,825.3% during the 4th quarter. Empirical Asset Management LLC now owns 84,191 shares of the semiconductor company’s stock worth $58,351,000 after acquiring an additional 81,313 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ASML shares. Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, Wells Fargo & Company upped their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Stock Up 2.4 %

ASML opened at $732.22 on Friday. The company has a market cap of $288.07 billion, a PE ratio of 35.20, a P/E/G ratio of 1.62 and a beta of 1.54. The business has a 50 day moving average price of $733.25 and a two-hundred day moving average price of $747.14. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. 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 (NASDAQ:ASML) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 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.