Sumitomo Mitsui Trust Holdings Inc. Acquires 958 Shares of ASML Holding (NASDAQ:ASML)

Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in ASML Holding (NASDAQ:ASML) by 15.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,250 shares of the semiconductor company’s stock after acquiring an additional 958 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc.’s holdings in ASML were worth $5,488,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Toth Financial Advisory Corp increased its position in shares of ASML by 11.5% during the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after purchasing an additional 13 shares during the last quarter. Alera Investment Advisors LLC increased its position in shares of ASML by 2.9% during the 4th quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock valued at $372,000 after purchasing an additional 14 shares during the last quarter. Marcum Wealth LLC increased its position in shares of ASML by 3.2% during the 4th quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after purchasing an additional 15 shares during the last quarter. Allred Capital Management LLC increased its position in shares of ASML by 1.4% during the 4th quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock valued at $817,000 after purchasing an additional 15 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its position in shares of ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Up 3.4 %

NASDAQ ASML opened at $901.57 on Wednesday. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The stock has a 50 day simple moving average of $957.00 and a two-hundred day simple moving average of $800.90. The stock has a market cap of $355.75 billion, a P/E ratio of 46.05, a price-to-earnings-growth ratio of 2.11 and a beta of 1.49.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $5.12 by $0.48. ASML had a return on equity of 56.99% and a net margin of 27.23%. The business had revenue of $7.79 billion during the quarter, compared to analysts’ expectations of $7.34 billion. On average, analysts forecast that ASML Holding will post 20.31 earnings per share for the current year.

ASML Cuts Dividend

The firm 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 $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.60%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio (DPR) is currently 27.02%.

Wall Street Analysts Forecast Growth

ASML has been the topic of several recent research reports. HSBC initiated coverage on ASML in a research report on Thursday, February 22nd. They set a “buy” rating on the stock. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Sanford C. Bernstein dropped their target price 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. Susquehanna increased their target price on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a report on Friday, January 26th. Finally, Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Five equities research 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 company’s stock. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

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.