Nixon Peabody Trust Co. Invests $7.11 Million in ASML Holding (NASDAQ:ASML)

Nixon Peabody Trust Co. acquired a new position in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,257 shares of the semiconductor company’s stock, valued at approximately $7,109,000.

Several other institutional investors and hedge funds also recently modified their holdings of ASML. Jacobi Capital Management LLC boosted its position in ASML by 57.3% during the fourth quarter. Jacobi Capital Management LLC now owns 1,711 shares of the semiconductor company’s stock valued at $1,186,000 after purchasing an additional 623 shares during the last quarter. SVB Wealth LLC bought a new stake in ASML in the fourth quarter valued at approximately $877,000. Sentinel Trust Co. LBA raised its stake in ASML by 17.4% in the fourth quarter. Sentinel Trust Co. LBA now owns 2,719 shares of the semiconductor company’s stock valued at $1,884,000 after buying an additional 403 shares during the period. Verus Capital Partners LLC bought a new stake in ASML in the fourth quarter valued at approximately $245,000. Finally, QRG Capital Management Inc. raised its stake in ASML by 4.5% in the fourth quarter. QRG Capital Management Inc. now owns 26,679 shares of the semiconductor company’s stock valued at $18,491,000 after buying an additional 1,161 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ASML shares. Wells Fargo & Company upped their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Finally, JPMorgan Chase & Co. lowered their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Trading Up 1.6 %

Shares of NASDAQ:ASML opened at $708.71 on Friday. The company has a market capitalization of $278.82 billion, a P/E ratio of 34.07, a P/E/G ratio of 1.62 and a beta of 1.47. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The business’s 50 day simple moving average is $733.15 and its 200 day simple moving average is $754.88.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. On average, research analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal 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 $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is an increase from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is currently 31.35%.

ASML Company 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.