ASML Holding (NASDAQ:ASML) Shares Sold by Washington Trust Advisors Inc.

Washington Trust Advisors Inc. reduced its stake in shares of ASML Holding (NASDAQ:ASML) by 26.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102 shares of the semiconductor company’s stock after selling 36 shares during the period. Washington Trust Advisors Inc.’s holdings in ASML were worth $77,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Apollon Wealth Management LLC grew its position in shares of ASML by 0.4% during the fourth quarter. Apollon Wealth Management LLC now owns 3,634 shares of the semiconductor company’s stock worth $1,986,000 after buying an additional 15 shares in the last quarter. Marcum Wealth LLC lifted its stake in ASML by 3.2% in the fourth quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after buying an additional 15 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in ASML by 48.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 15 shares during the last quarter. Allred Capital Management LLC lifted its stake in ASML by 1.4% in the fourth quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock valued at $817,000 after buying an additional 15 shares during the last quarter. Finally, Parsons Capital Management Inc. RI lifted its stake in ASML by 0.5% in the third quarter. Parsons Capital Management Inc. RI now owns 3,235 shares of the semiconductor company’s stock valued at $1,904,000 after buying an additional 16 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock traded down $6.29 on Thursday, reaching $967.72. The company’s stock had a trading volume of 384,914 shares, compared to its average volume of 1,229,204. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.96 and a current ratio of 1.50. The company has a market cap of $381.85 billion, a price-to-earnings ratio of 44.92, a PEG ratio of 2.34 and a beta of 1.49. The business’s fifty day moving average price is $919.52 and its 200 day moving average price is $750.25. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.12 by $0.48. ASML had a return on equity of 68.32% and a net margin of 28.44%. The business had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.34 billion. Equities analysts expect that ASML Holding will post 20.48 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be paid a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio (DPR) is presently 24.59%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ASML. Susquehanna raised their target price on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. HSBC initiated coverage on shares of ASML in a research note on Thursday, February 22nd. They set a “buy” rating on the stock. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Wells Fargo & Company lifted their target price on ASML from $950.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Wednesday, February 14th. Finally, Raymond James lifted their target price on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 25th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $962.60.

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.