Zions Bancorporation N.A. Raises Stake in ASML Holding (NASDAQ:ASML)

Zions Bancorporation N.A. boosted its holdings in ASML Holding (NASDAQ:ASML) by 37.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,168 shares of the semiconductor company’s stock after purchasing an additional 2,478 shares during the quarter. Zions Bancorporation N.A.’s holdings in ASML were worth $6,354,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Steigerwald Gordon & Koch Inc. raised its stake in ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after buying an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC raised its position in shares of ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after purchasing an additional 14 shares during the last quarter. Trust Point Inc. boosted its stake in ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after purchasing an additional 14 shares in the last quarter. Sunpointe LLC grew its position in ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after purchasing an additional 14 shares during the last quarter. Finally, Wealth Quarterback LLC increased its stake in ASML by 1.1% during the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock valued at $923,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the topic of a number of recent analyst reports. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. lowered their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Finally, Sanford C. Bernstein lowered 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. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Stock Performance

ASML opened at $727.84 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market capitalization of $286.35 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 1.62 and a beta of 1.54. The company has a fifty day moving average of $730.89 and a 200 day moving average of $733.34. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. As a group, sell-side analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio is currently 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.