Intrust Bank NA Sells 286 Shares of ASML Holding N.V. $ASML

Intrust Bank NA reduced its stake in ASML Holding N.V. (NASDAQ:ASML) by 12.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 2,004 shares of the semiconductor company’s stock after selling 286 shares during the period. Intrust Bank NA’s holdings in ASML were worth $1,606,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Daymark Wealth Partners LLC grew its position in shares of ASML by 25.3% during the 2nd quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after purchasing an additional 941 shares in the last quarter. Acadian Asset Management LLC grew its holdings in shares of ASML by 97.6% during the 1st quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock worth $101,978,000 after purchasing an additional 76,023 shares in the last quarter. Soltis Investment Advisors LLC increased its position in shares of ASML by 67.9% in the second quarter. Soltis Investment Advisors LLC now owns 4,199 shares of the semiconductor company’s stock worth $3,365,000 after purchasing an additional 1,698 shares during the period. Strategic Planning Group LLC raised its position in shares of ASML by 12.5% in the 2nd quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company’s stock valued at $5,251,000 after buying an additional 730 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its holdings in shares of ASML by 115.9% during the 2nd quarter. Prospera Financial Services Inc now owns 5,144 shares of the semiconductor company’s stock worth $4,125,000 after acquiring an additional 2,761 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 1.3%

ASML opened at $1,006.98 on Monday. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,086.11. The company has a fifty day moving average of $980.23 and a 200-day moving average of $830.69. The stock has a market cap of $396.03 billion, a PE ratio of 40.98, a price-to-earnings-growth ratio of 1.76 and a beta of 1.88. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating the consensus estimate of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The company had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the prior year, the company earned $5.28 EPS. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. On average, sell-side analysts predict that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were issued a $1.857 dividend. The ex-dividend date was Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a yield of 0.7%. ASML’s dividend payout ratio is currently 25.76%.

Wall Street Analyst Weigh In

Several research firms have weighed in on ASML. Redburn Partners set a $1,200.00 target price on ASML in a research note on Friday, November 7th. Evercore ISI reissued an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. Morningstar downgraded shares of ASML to a “hold” rating in a research note on Thursday, September 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Thursday, October 16th. Finally, HSBC reiterated a “buy” rating on shares of ASML in a report on Friday, October 17th. Four research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,076.33.

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.