Trinity Financial Advisors LLC Has $380,000 Position in ASML Holding (NASDAQ:ASML)

Trinity Financial Advisors LLC raised its holdings in ASML Holding (NASDAQ:ASML) by 24.9% during the fourth quarter, HoldingsChannel reports. The firm owned 502 shares of the semiconductor company’s stock after acquiring an additional 100 shares during the quarter. Trinity Financial Advisors LLC’s holdings in ASML were worth $380,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Carmel Capital Partners LLC grew its position in shares of ASML by 200.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 30 shares during the last quarter. Creative Financial Designs Inc. ADV raised its stake in ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after buying an additional 15 shares during the period. Addison Advisors LLC raised its stake in ASML by 220.0% during the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock worth $28,000 after buying an additional 33 shares during the period. E Fund Management Hong Kong Co. Ltd. acquired a new position in ASML during the 4th quarter worth approximately $44,000. Finally, Catalyst Capital Advisors LLC increased its holdings in ASML by 35.4% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 17 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Susquehanna boosted their price objective on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a report on Friday, January 26th. HSBC assumed coverage on ASML in a report on Thursday, February 22nd. They set a “buy” rating for the company. Sanford C. Bernstein decreased their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Finally, Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Stock Performance

NASDAQ ASML traded down $11.74 on Wednesday, hitting $860.73. 870,226 shares of the stock traded hands, compared to its average volume of 1,223,653. The business’s fifty day moving average is $954.49 and its two-hundred day moving average is $811.32. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,056.34. The firm has a market capitalization of $339.64 billion, a price-to-earnings ratio of 43.68, a PEG ratio of 2.27 and a beta of 1.48. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be issued a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a yield of 0.62%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio (DPR) is 32.53%.

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.