ASML Holding (NASDAQ:ASML) Shares Sold by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA trimmed its holdings in ASML Holding (NASDAQ:ASML) by 10.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 270 shares of the semiconductor company’s stock after selling 30 shares during the period. CHICAGO TRUST Co NA’s holdings in ASML were worth $225,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Resources Management Corp CT ADV purchased a new position in shares of ASML in the 2nd quarter worth $26,000. WD Rutherford LLC purchased a new position in shares of ASML in the 1st quarter worth about $29,000. Triad Wealth Partners LLC acquired a new position in shares of ASML in the 2nd quarter valued at about $31,000. First Community Trust NA purchased a new stake in shares of ASML during the 2nd quarter worth about $34,000. Finally, POM Investment Strategies LLC acquired a new stake in ASML during the 2nd quarter worth approximately $36,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Susquehanna reduced their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. JPMorgan Chase & Co. boosted their price objective on ASML from $1,202.00 to $1,207.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 9th. Finally, Wells Fargo & Company lowered their target price on ASML from $1,185.00 to $1,000.00 and set an “overweight” rating for the company in a research note on Thursday, October 3rd. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,071.80.

ASML Price Performance

ASML stock opened at $872.27 on Tuesday. The stock’s 50 day moving average is $846.01 and its two-hundred day moving average is $923.22. ASML Holding has a 52-week low of $573.86 and a 52-week high of $1,110.09. The company has a market capitalization of $344.19 billion, a PE ratio of 44.55, a P/E/G ratio of 2.08 and a beta of 1.48. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The business had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6 billion. During the same quarter in the previous year, the firm earned $5.37 earnings per share. The business’s revenue was down 9.5% compared to the same quarter last year. Analysts predict that ASML Holding will post 20.38 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were paid a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a yield of 0.86%. This is an increase from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. ASML’s dividend payout ratio (DPR) is 28.50%.

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.