ASML Holding (NASDAQ:ASML) Shares Acquired by Glenview Trust co

Glenview Trust co increased its position in shares of ASML Holding (NASDAQ:ASML) by 94.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,783 shares of the semiconductor company’s stock after buying an additional 1,838 shares during the period. Glenview Trust co’s holdings in ASML were worth $2,622,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ASML. Fisher Asset Management LLC raised its holdings in shares of ASML by 1.0% in the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after purchasing an additional 31,879 shares in the last quarter. Edgewood Management LLC lifted its holdings in ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after buying an additional 70,776 shares during the last quarter. Van ECK Associates Corp lifted its holdings in ASML by 1.8% during the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock worth $1,239,421,000 after buying an additional 31,231 shares during the last quarter. Windacre Partnership LLC boosted its position in shares of ASML by 4.0% during the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after acquiring an additional 25,600 shares in the last quarter. Finally, Citigroup Inc. increased its holdings in shares of ASML by 14.2% in the 3rd quarter. Citigroup Inc. now owns 402,758 shares of the semiconductor company’s stock valued at $335,598,000 after acquiring an additional 50,115 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on ASML. Wells Fargo & Company increased 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. Sanford C. Bernstein cut their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. BNP Paribas assumed coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Finally, DZ Bank raised 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 assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Performance

Shares of ASML stock opened at $714.00 on Monday. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The stock’s 50-day moving average price is $733.01 and its 200 day moving average price is $738.78. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $280.90 billion, a PE ratio of 34.33, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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%. As a group, equities research analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s payout ratio is presently 31.35%.

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.