Bartlett & CO. Wealth Management LLC Lowers Holdings in ASML Holding N.V. $ASML

Bartlett & CO. Wealth Management LLC trimmed its position in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,568 shares of the semiconductor company’s stock after selling 2,276 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in ASML were worth $65,869,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Manning & Napier Advisors LLC purchased a new stake in shares of ASML during the 3rd quarter worth $25,000. City Holding Co. purchased a new stake in shares of ASML during the 3rd quarter worth $26,000. Binnacle Investments Inc boosted its position in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in shares of ASML during the 3rd quarter worth $34,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of ASML during the 3rd quarter worth $34,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Up 2.0%

NASDAQ ASML opened at $1,478.28 on Friday. ASML Holding N.V. has a 12 month low of $614.06 and a 12 month high of $1,547.22. The company has a 50-day moving average of $1,389.53 and a 200-day moving average of $1,201.28. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. The company has a market cap of $581.38 billion, a P/E ratio of 57.25, a P/E/G ratio of 1.57 and a beta of 1.88.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be issued a dividend of $3.1771 per share. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Monday, April 27th. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is presently 25.10%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ASML. Santander lowered shares of ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Zacks Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research report on Tuesday, March 31st. Royal Bank Of Canada boosted their target price on shares of ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Finally, KGI Securities set a $1,415.00 target price on shares of ASML and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,482.50.

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About ASML

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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