TIAA Trust National Association Grows Stock Position in ASML Holding (NASDAQ:ASML)

TIAA Trust National Association increased its position in shares of ASML Holding (NASDAQ:ASML) by 1,893.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,377 shares of the semiconductor company’s stock after purchasing an additional 25,054 shares during the quarter. TIAA Trust National Association’s holdings in ASML were worth $18,281,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Kennebec Savings Bank raised its position in shares of ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares during the last quarter. Wellington Shields & Co. LLC raised its holdings in ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in ASML in the 4th quarter worth approximately $31,000. Brooklyn Investment Group acquired a new position in shares of ASML during the 3rd quarter worth approximately $43,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of ASML in the third quarter valued at approximately $43,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Down 0.2 %

Shares of NASDAQ ASML opened at $726.74 on Wednesday. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The business’s 50 day moving average is $730.70 and its two-hundred day moving average is $733.15. The firm has a market cap of $285.92 billion, a price-to-earnings ratio of 34.94, a PEG ratio of 1.62 and a beta of 1.54. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Research analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is 31.35%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Wells Fargo & Company raised their price objective 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. Sanford C. Bernstein dropped their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Finally, BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $937.00.

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.