Blue Trust Inc. Sells 1,622 Shares of ASML Holding (NASDAQ:ASML)

Blue Trust Inc. reduced its holdings in ASML Holding (NASDAQ:ASML) by 62.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 956 shares of the semiconductor company’s stock after selling 1,622 shares during the quarter. Blue Trust Inc.’s holdings in ASML were worth $662,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ASML. Steigerwald Gordon & Koch Inc. boosted its position in shares of ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its position in shares of ASML by 0.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after purchasing an additional 14 shares in the last quarter. Trust Point Inc. boosted its position in shares of ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after purchasing an additional 14 shares in the last quarter. Fortitude Family Office LLC boosted its position in shares of ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of ASML by 1.7% during the third quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company’s stock valued at $768,000 after purchasing an additional 15 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Down 3.3 %

ASML stock opened at $751.55 on Monday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The business has a fifty day moving average price of $729.36 and a 200-day moving average price of $762.81. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The stock has a market capitalization of $295.68 billion, a P/E ratio of 36.13, a P/E/G ratio of 1.63 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Equities analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be issued a $1.5855 dividend. The ex-dividend date is Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s payout ratio is presently 31.35%.

Analyst Upgrades and Downgrades

ASML has been the topic of several research reports. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. JPMorgan Chase & Co. lowered their price objective 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. Finally, BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $937.00.

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.