Private Trust Co. NA Sells 370 Shares of ASML Holding N.V. $ASML

Private Trust Co. NA decreased its position in ASML Holding N.V. (NASDAQ:ASML) by 44.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 458 shares of the semiconductor company’s stock after selling 370 shares during the period. Private Trust Co. NA’s holdings in ASML were worth $367,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ASML. Banque Cantonale Vaudoise bought a new stake in ASML in the first quarter worth approximately $27,000. Maseco LLP acquired a new stake in shares of ASML during the 2nd quarter worth approximately $32,000. Knuff & Co LLC bought a new stake in shares of ASML in the 1st quarter valued at $33,000. Costello Asset Management INC lifted its position in shares of ASML by 147.1% during the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 25 shares during the period. Finally, Wayfinding Financial LLC bought a new position in ASML during the first quarter worth $35,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ASML shares. HSBC reiterated a “buy” rating on shares of ASML in a report on Friday. Erste Group Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 22nd. UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, October 15th. Finally, Susquehanna raised their price objective on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research note on Friday, October 10th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,051.60.

ASML Trading Up 0.9%

Shares of ASML stock opened at $1,029.27 on Monday. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,059.00. The company has a 50-day simple moving average of $864.28 and a two-hundred day simple moving average of $775.08. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The company has a market capitalization of $404.79 billion, a price-to-earnings ratio of 41.89, a PEG ratio of 1.70 and a beta of 1.87.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The firm had revenue of $8.71 billion for the quarter, compared to the consensus estimate of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.28 EPS. Research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be paid a dividend of $1.857 per share. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio (DPR) is presently 25.56%.

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.