Avalon Trust Co Has $9.93 Million Stock Position in ASML Holding (NASDAQ:ASML)

Avalon Trust Co grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,324 shares of the semiconductor company’s stock after buying an additional 214 shares during the quarter. Avalon Trust Co’s holdings in ASML were worth $9,928,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Carnegie Investment Counsel lifted its position in shares of ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after purchasing an additional 868 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in ASML during the fourth quarter worth about $1,174,000. Taurus Asset Management LLC purchased a new position in ASML during the third quarter worth about $16,994,000. State Street Corp boosted its holdings in ASML by 5.2% during the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after purchasing an additional 7,010 shares during the last quarter. Finally, Foundations Investment Advisors LLC boosted its holdings in 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 purchasing an additional 7,073 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML stock opened at $714.00 on Friday. The stock has a market capitalization of $280.90 billion, a P/E ratio of 34.33, a PEG ratio of 1.62 and a beta of 1.54. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The firm’s 50 day moving average is $733.01 and its 200 day moving average is $739.83. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, sell-side analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a dividend of $1.5855 per share. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio is presently 31.35%.

Wall Street Analyst Weigh In

ASML has been the topic of several analyst reports. JPMorgan Chase & Co. cut their price target 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. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Sanford C. Bernstein dropped their target price 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. Finally, 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. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.