Intrust Bank NA Cuts Stock Position in ASML Holding (NASDAQ:ASML)

Intrust Bank NA lowered its stake in shares of ASML Holding (NASDAQ:ASML) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,342 shares of the semiconductor company’s stock after selling 108 shares during the quarter. Intrust Bank NA’s holdings in ASML were worth $1,623,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ASML. Kennebec Savings Bank increased its stake in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares during the last quarter. Wellington Shields & Co. LLC raised its stake in shares of ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML during the 4th quarter valued at $31,000. Brooklyn Investment Group bought a new position in shares of ASML during the 3rd quarter worth $43,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in ASML in the 3rd quarter worth about $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the subject of several analyst reports. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Sanford C. Bernstein decreased their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. JPMorgan Chase & Co. cut their target price 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. Wells Fargo & Company upped their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Down 2.3 %

ASML stock opened at $674.58 on Friday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The stock has a market cap of $265.39 billion, a price-to-earnings ratio of 32.43, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $727.46 and its 200 day moving average is $732.14.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Sell-side analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were paid a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio 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.