Darden Wealth Group Inc Sells 18 Shares of ASML Holding (NASDAQ:ASML)

Darden Wealth Group Inc trimmed its position in ASML Holding (NASDAQ:ASML) by 1.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,528 shares of the semiconductor company’s stock after selling 18 shares during the period. Darden Wealth Group Inc’s holdings in ASML were worth $1,059,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Carnegie Investment Counsel lifted its holdings in shares of ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after purchasing an additional 868 shares in the last quarter. Central Pacific Bank Trust Division bought a new position in shares of ASML in the fourth quarter valued at $1,174,000. State Street Corp grew its holdings in shares of ASML by 5.2% during the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock valued at $117,323,000 after buying an additional 7,010 shares during the last quarter. Foundations Investment Advisors LLC increased its position in shares of ASML by 36.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock worth $18,243,000 after acquiring an additional 7,073 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of ASML by 12.2% in the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company’s stock worth $6,764,000 after acquiring an additional 1,062 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on ASML shares. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company upped their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Trading Down 2.8 %

Shares of ASML stock opened at $605.55 on Friday. The firm has a market cap of $238.24 billion, a PE ratio of 29.11, a P/E/G ratio of 1.62 and a beta of 1.67. ASML Holding has a 1 year low of $597.69 and a 1 year high of $1,110.09. 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 fifty day moving average price of $716.73 and a 200-day moving average price of $726.43.

ASML (NASDAQ:ASML) last announced its quarterly earnings data 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%. Equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be issued a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML’s dividend payout ratio is 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.