Huntington National Bank Sells 504 Shares of ASML Holding (NASDAQ:ASML)

Huntington National Bank trimmed its holdings in ASML Holding (NASDAQ:ASML) by 42.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 683 shares of the semiconductor company’s stock after selling 504 shares during the period. Huntington National Bank’s holdings in ASML were worth $473,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Kennebec Savings Bank raised its holdings in ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares in the last quarter. Wellington Shields & Co. LLC increased its holdings in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML in the 4th quarter valued at approximately $31,000. Legacy Investment Solutions LLC acquired a new stake in ASML in the 3rd quarter worth approximately $44,000. Finally, Albion Financial Group UT boosted its position in ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 2.8 %

Shares of ASML opened at $605.55 on Friday. The stock’s 50-day moving average price is $716.73 and its 200 day moving average price is $726.98. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML Holding has a 12-month low of $597.69 and a 12-month high of $1,110.09. The firm has a market capitalization of $238.24 billion, a price-to-earnings ratio of 29.11, a P/E/G ratio of 1.62 and a beta of 1.67.

ASML (NASDAQ:ASML) last issued its 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%. As a group, research analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be paid a $1.5855 dividend. The ex-dividend date of this dividend is Monday, April 28th. This is a boost from ASML’s previous dividend of $1.08. ASML’s payout ratio is presently 31.35%.

Wall Street Analyst Weigh In

ASML has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped 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 research 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. Finally, Wells Fargo & Company upped their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

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.