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Whittier Trust Co. Decreases Stake in ASML Holding (NASDAQ:ASML)


Whittier Trust Co. Decreases Stake in ASML Holding (NASDAQ:ASML)

Whittier Trust Co. reduced its stake in ASML Holding (NASDAQ:ASML - Free Report) by 74.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,347 shares of the semiconductor company's stock after selling 27,880 shares during the quarter. Whittier Trust Co.'s holdings in ASML were worth $6,478,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Steigerwald Gordon & Koch Inc. raised its position in shares of ASML by 4.8% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock valued at $211,000 after purchasing an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC raised its position in shares of ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock valued at $2,223,000 after purchasing an additional 14 shares during the last quarter. Trust Point Inc. raised its position in ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock worth $420,000 after buying an additional 14 shares during the last quarter. Sunpointe LLC raised its position in ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after buying an additional 14 shares during the last quarter. Finally, Family Capital Management Inc. raised its position in ASML by 1.7% during the 3rd quarter. Family Capital Management Inc. now owns 909 shares of the semiconductor company's stock worth $757,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on the stock. Wells Fargo & Company raised their price target on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research report on Monday, January 13th. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Sanford C. Bernstein reduced their price target on shares of ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research report on Friday, November 29th. BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target for the company. Finally, DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.

View Our Latest Research Report on ASML

Shares of NASDAQ ASML opened at $734.06 on Friday. The stock has a market capitalization of $288.80 billion, a price-to-earnings ratio of 35.29, a PEG ratio of 1.62 and a beta of 1.54. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The firm's 50 day simple moving average is $731.34 and its 200-day simple moving average is $736.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (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%. Analysts expect that ASML Holding will post 25.17 EPS for the current year.

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were paid a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML's previous dividend of $1.08. ASML's dividend payout ratio (DPR) is currently 31.35%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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