Parkside Financial Bank & Trust Acquires 35 Shares of ASML Holding (NASDAQ:ASML)

Parkside Financial Bank & Trust boosted its holdings in ASML Holding (NASDAQ:ASML) by 16.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 242 shares of the semiconductor company’s stock after acquiring an additional 35 shares during the quarter. Parkside Financial Bank & Trust’s holdings in ASML were worth $183,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. SlateStone Wealth LLC raised its holdings in shares of ASML by 12.1% during the 4th quarter. SlateStone Wealth LLC now owns 3,044 shares of the semiconductor company’s stock valued at $2,304,000 after buying an additional 329 shares in the last quarter. Marks Group Wealth Management Inc raised its holdings in shares of ASML by 9.5% during the 4th quarter. Marks Group Wealth Management Inc now owns 1,730 shares of the semiconductor company’s stock valued at $1,309,000 after buying an additional 150 shares in the last quarter. Stockman Wealth Management Inc. raised its holdings in shares of ASML by 3.7% during the 4th quarter. Stockman Wealth Management Inc. now owns 15,080 shares of the semiconductor company’s stock valued at $11,414,000 after buying an additional 540 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in shares of ASML by 1.6% during the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 48,015 shares of the semiconductor company’s stock valued at $36,344,000 after buying an additional 739 shares in the last quarter. Finally, PDS Planning Inc raised its holdings in shares of ASML by 4.8% during the 4th quarter. PDS Planning Inc now owns 1,247 shares of the semiconductor company’s stock valued at $944,000 after buying an additional 57 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

Shares of ASML stock opened at $892.32 on Thursday. The firm has a market cap of $352.10 billion, a P/E ratio of 45.57, a P/E/G ratio of 2.25 and a beta of 1.48. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The business’s 50 day moving average price is $956.36 and its 200-day moving average price is $801.54. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. The firm had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.34 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. On average, equities research analysts anticipate that ASML Holding will post 20.04 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be given a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.60%. ASML’s dividend payout ratio is currently 27.02%.

Wall Street Analyst Weigh In

A number of brokerages have commented on ASML. Cantor Fitzgerald began coverage on ASML in a research note on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Sanford C. Bernstein decreased their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Raymond James lifted their price target on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 25th. Wells Fargo & Company lifted their price target on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Finally, Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Five investment 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. According to MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,036.00.

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.