Avalon Trust Co Buys 214 Shares of ASML Holding (NASDAQ:ASML)

Avalon Trust Co boosted its stake in ASML Holding (NASDAQ:ASML) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,324 shares of the semiconductor company’s stock after purchasing an additional 214 shares during the period. Avalon Trust Co’s holdings in ASML were worth $9,928,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Choate Investment Advisors raised its stake in shares of ASML by 58.4% during the fourth quarter. Choate Investment Advisors now owns 1,362 shares of the semiconductor company’s stock valued at $944,000 after acquiring an additional 502 shares during the last quarter. Diversified Enterprises LLC raised its stake in shares of ASML by 11.9% during the fourth quarter. Diversified Enterprises LLC now owns 310 shares of the semiconductor company’s stock valued at $215,000 after acquiring an additional 33 shares during the last quarter. Natixis Advisors LLC raised its stake in shares of ASML by 11.3% during the fourth quarter. Natixis Advisors LLC now owns 162,399 shares of the semiconductor company’s stock valued at $112,555,000 after acquiring an additional 16,462 shares during the last quarter. Frank Rimerman Advisors LLC raised its stake in shares of ASML by 0.9% during the fourth quarter. Frank Rimerman Advisors LLC now owns 3,589 shares of the semiconductor company’s stock valued at $2,487,000 after acquiring an additional 32 shares during the last quarter. Finally, Harrington Investments INC raised its stake in shares of ASML by 102.6% during the fourth quarter. Harrington Investments INC now owns 1,311 shares of the semiconductor company’s stock valued at $909,000 after acquiring an additional 664 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the subject of several analyst reports. Wells Fargo & Company raised their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Sanford C. Bernstein decreased their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. JPMorgan Chase & Co. decreased their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Two equities research 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Trading Up 2.8 %

NASDAQ:ASML opened at $714.00 on Friday. 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 stock has a market capitalization of $280.90 billion, a price-to-earnings ratio of 34.33, a PEG ratio of 1.62 and a beta of 1.54. The firm has a fifty day simple moving average of $733.01 and a two-hundred day simple moving average of $739.83. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly 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%. Analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. This is a boost 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 currently 31.35%.

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.