NBT Bank N A NY cut its stake in ASML Holding (NASDAQ:ASML – Free Report) by 13.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 265 shares of the semiconductor company’s stock after selling 40 shares during the period. NBT Bank N A NY’s holdings in ASML were worth $184,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Carnegie Investment Counsel increased its position in ASML by 68.9% in the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after buying an additional 868 shares during the period. Central Pacific Bank Trust Division acquired a new position in shares of ASML during the fourth quarter valued at $1,174,000. Taurus Asset Management LLC acquired a new position in shares of ASML during the third quarter valued at $16,994,000. State Street Corp increased its holdings in shares of ASML by 5.2% during the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock valued at $117,323,000 after purchasing an additional 7,010 shares during the period. Finally, Foundations Investment Advisors LLC increased its holdings in shares of ASML by 36.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock valued at $18,243,000 after purchasing an additional 7,073 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.
ASML Trading Up 1.0 %
Shares of ASML stock opened at $690.21 on Wednesday. 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 fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The stock has a market capitalization of $271.54 billion, a P/E ratio of 33.18, a P/E/G ratio of 1.62 and a beta of 1.54. The stock has a 50-day simple moving average of $732.93 and a 200 day simple moving average of $742.65.
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. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is 31.35%.
Wall Street Analysts Forecast Growth
ASML has been the topic of a number of research analyst reports. Wells Fargo & Company raised their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Sanford C. Bernstein lowered their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, 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 note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $937.00.
Get Our Latest Analysis on ASML
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.
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