ASML Holding (NASDAQ:ASML) Shares Acquired by Huntington National Bank

Huntington National Bank increased its position in shares of ASML Holding (NASDAQ:ASML) by 17.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,187 shares of the semiconductor company’s stock after acquiring an additional 176 shares during the period. Huntington National Bank’s holdings in ASML were worth $989,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of ASML by 0.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 6,840 shares of the semiconductor company’s stock valued at $6,638,000 after purchasing an additional 53 shares during the period. Kingsview Wealth Management LLC boosted its position in ASML by 7.0% in the 1st quarter. Kingsview Wealth Management LLC now owns 1,460 shares of the semiconductor company’s stock valued at $1,417,000 after buying an additional 95 shares during the period. Jupiter Asset Management Ltd. acquired a new position in shares of ASML in the first quarter worth $6,655,000. TIAA Trust National Association increased its position in shares of ASML by 17.0% during the first quarter. TIAA Trust National Association now owns 1,186 shares of the semiconductor company’s stock worth $1,151,000 after acquiring an additional 172 shares during the period. Finally, Acadian Asset Management LLC raised its stake in shares of ASML by 1,523.4% in the first quarter. Acadian Asset Management LLC now owns 45,358 shares of the semiconductor company’s stock valued at $44,001,000 after acquiring an additional 42,564 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ASML shares. Susquehanna lowered their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Sanford C. Bernstein cut their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research note on Monday, October 21st. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. JPMorgan Chase & Co. lowered their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Finally, Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $970.60.

ASML Trading Down 5.0 %

NASDAQ ASML opened at $658.63 on Friday. ASML Holding has a 12 month low of $654.77 and a 12 month high of $1,110.09. The company has a market capitalization of $259.12 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The firm’s fifty day moving average price is $758.59 and its 200 day moving average price is $883.33.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, sell-side analysts expect that ASML Holding will post 20.77 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were issued a $1.407 dividend. This represents a $5.63 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Tuesday, October 29th. ASML’s payout ratio is currently 29.21%.

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.