ASML Holding N.V. $ASML Shares Sold by TIAA Trust National Association

TIAA Trust National Association lowered its holdings in ASML Holding N.V. (NASDAQ:ASML) by 64.3% during the third quarter, HoldingsChannel reports. The fund owned 1,424 shares of the semiconductor company’s stock after selling 2,564 shares during the period. TIAA Trust National Association’s holdings in ASML were worth $1,379,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC increased its stake in ASML by 6.3% in the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after purchasing an additional 250,934 shares during the last quarter. WCM Investment Management LLC boosted its holdings in shares of ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after buying an additional 385,502 shares in the last quarter. Franklin Resources Inc. grew its position in shares of ASML by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after buying an additional 37,994 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in ASML by 14.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock worth $467,285,000 after acquiring an additional 72,164 shares in the last quarter. Finally, Brown Advisory Inc. lifted its position in ASML by 1.8% in the second quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock valued at $359,662,000 after acquiring an additional 8,070 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. KGI Securities set a $1,415.00 price objective on ASML and gave the stock an “outperform” rating in a report on Thursday, January 15th. Bank of America raised their price target on ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Wednesday, February 25th. UBS Group restated a “buy” rating on shares of ASML in a research report on Thursday, January 29th. Finally, Grupo Santander cut shares of ASML to an “underperform” rating in a report on Thursday, January 22nd. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,475.00.

ASML Trading Down 0.9%

Shares of ASML stock opened at $1,450.56 on Monday. The firm has a market cap of $570.48 billion, a price-to-earnings ratio of 56.18, a price-to-earnings-growth ratio of 1.65 and a beta of 1.88. The company’s 50-day simple moving average is $1,322.24 and its 200-day simple moving average is $1,087.31. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,547.22. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be given a $3.1771 dividend. The ex-dividend date is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 annualized dividend and a yield of 0.9%. ASML’s dividend payout ratio (DPR) is currently 25.10%.

ASML Profile

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.