Summit Trail Advisors LLC Decreases Stock Position in ASML Holding (NASDAQ:ASML)

Summit Trail Advisors LLC cut its holdings in ASML Holding (NASDAQ:ASML) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,532 shares of the semiconductor company’s stock after selling 15 shares during the quarter. Summit Trail Advisors LLC’s holdings in ASML were worth $1,062,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its holdings in shares of ASML by 94,079.7% during the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after buying an additional 491,096 shares during the last quarter. Van ECK Associates Corp increased its position in ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after purchasing an additional 474,653 shares in the last quarter. Mediolanum International Funds Ltd acquired a new position in ASML during the third quarter valued at approximately $125,952,000. SG Americas Securities LLC increased its position in shares of ASML by 281.3% in the fourth quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock worth $108,601,000 after acquiring an additional 115,603 shares in the last quarter. Finally, Pathway Financial Advisers LLC raised its stake in shares of ASML by 97,001.7% in the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock valued at $94,665,000 after acquiring an additional 113,492 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Up 1.2 %

Shares of ASML stock opened at $752.98 on Wednesday. ASML Holding has a fifty-two week low of $645.45 and a fifty-two 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. The firm has a market cap of $296.24 billion, a price-to-earnings ratio of 36.20, a price-to-earnings-growth ratio of 1.63 and a beta of 1.47. The business has a fifty day simple moving average of $725.78 and a 200-day simple moving average of $765.23.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 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%. On average, equities analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a $1.5855 dividend. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 26.83%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ASML shares. JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Wells Fargo & Company raised 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. 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 target price for the company. Sanford C. Bernstein decreased their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Finally, DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

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.