Haverford Trust Co Cuts Holdings in ASML Holding (NASDAQ:ASML)

Haverford Trust Co reduced its holdings in shares of ASML Holding (NASDAQ:ASML) by 13.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,712 shares of the semiconductor company’s stock after selling 4,547 shares during the quarter. Haverford Trust Co’s holdings in ASML were worth $20,593,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Kennebec Savings Bank grew its stake in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the period. Wellington Shields & Co. LLC lifted its holdings in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML in the fourth quarter worth approximately $31,000. Albion Financial Group UT lifted its stake in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new position in shares of ASML in the fourth quarter valued at about $39,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ASML. BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. JPMorgan Chase & Co. decreased their price target 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. Wells Fargo & Company boosted their target price 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. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, Sanford C. Bernstein lowered 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. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Stock Down 2.4 %

Shares of ASML stock opened at $716.22 on Monday. ASML Holding has a 1 year low of $645.45 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 market cap of $281.78 billion, a price-to-earnings ratio of 34.43, a PEG ratio of 1.62 and a beta of 1.54. The firm’s 50-day moving average is $730.88 and its two-hundred day moving average is $733.81.

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

ASML Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were paid a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s payout ratio is 31.35%.

About ASML

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.