ASML Holding N.V. $ASML Shares Bought by BankPlus Trust Department

BankPlus Trust Department lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 2,864.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 741 shares of the semiconductor company’s stock after buying an additional 716 shares during the quarter. BankPlus Trust Department’s holdings in ASML were worth $717,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ASML. HBK Sorce Advisory LLC grew its holdings in ASML by 1.0% during the 3rd quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock worth $1,067,000 after acquiring an additional 10 shares in the last quarter. UMB Bank n.a. lifted its position in shares of ASML by 4.3% during the 2nd quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock worth $254,000 after purchasing an additional 13 shares during the last quarter. Baring Financial LLC grew its stake in shares of ASML by 2.8% during the second quarter. Baring Financial LLC now owns 510 shares of the semiconductor company’s stock worth $409,000 after purchasing an additional 14 shares in the last quarter. Putney Financial Group LLC increased its holdings in ASML by 39.5% in the second quarter. Putney Financial Group LLC now owns 53 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 15 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. raised its stake in ASML by 4.9% in the third quarter. Quintet Private Bank Europe S.A. now owns 320 shares of the semiconductor company’s stock valued at $310,000 after buying an additional 15 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Up 0.7%

Shares of ASML stock opened at $1,072.75 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The company has a market capitalization of $421.89 billion, a P/E ratio of 43.66, a PEG ratio of 1.66 and a beta of 1.87. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,141.72. The company’s fifty day moving average is $1,052.23 and its two-hundred day moving average is $898.24.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping the consensus estimate of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The business had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter in the prior year, the firm earned $5.28 earnings per share. The business’s quarterly revenue was up .7% compared to the same quarter last year. Analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were issued a $1.857 dividend. The ex-dividend date of this dividend was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. ASML’s dividend payout ratio is presently 25.80%.

Analyst Ratings Changes

A number of research analysts have recently commented on ASML shares. JPMorgan Chase & Co. increased their price objective on ASML from $1,175.00 to $1,275.00 and gave the company a “buy” rating in a report on Monday, December 1st. Morningstar downgraded ASML to a “hold” rating in a report on Thursday, September 18th. Barclays reissued a “neutral” rating on shares of ASML in a report on Wednesday, December 17th. Susquehanna upped their target price on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a report on Friday, October 10th. Finally, Mizuho raised shares of ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, September 29th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $1,171.83.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.