Stock Yards Bank & Trust Co. Reduces Stock Position in ASML Holding (NASDAQ:ASML)

Stock Yards Bank & Trust Co. lessened its holdings in ASML Holding (NASDAQ:ASML) by 15.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,899 shares of the semiconductor company’s stock after selling 739 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in ASML were worth $2,951,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Townsquare Capital LLC grew its holdings in shares of ASML by 11.5% during the third quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock worth $5,013,000 after purchasing an additional 881 shares during the last quarter. Savoie Capital LLC purchased a new position in shares of ASML during the third quarter worth about $14,658,000. International Assets Investment Management LLC grew its holdings in shares of ASML by 48,040.7% during the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock worth $186,202,000 after purchasing an additional 245,488 shares during the last quarter. CenterBook Partners LP grew its holdings in shares of ASML by 69.2% during the third quarter. CenterBook Partners LP now owns 11,529 shares of the semiconductor company’s stock worth $6,787,000 after purchasing an additional 4,716 shares during the last quarter. Finally, Meitav Investment House Ltd. boosted its stake in shares of ASML by 219.0% during the fourth quarter. Meitav Investment House Ltd. now owns 3,158 shares of the semiconductor company’s stock worth $2,195,000 after buying an additional 2,168 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of several recent research reports. Susquehanna increased their target price on shares of ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research note on Friday, January 26th. Cantor Fitzgerald initiated coverage on shares of ASML in a research report on Tuesday, January 23rd. They issued an “overweight” rating for the company. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Finally, Evercore ISI initiated coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating for the company. Five analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Stock Performance

NASDAQ:ASML opened at $872.05 on Tuesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The firm has a 50-day moving average of $957.04 and a two-hundred day moving average of $798.76. The stock has a market cap of $344.10 billion, a P/E ratio of 44.54, a PEG ratio of 2.11 and a beta of 1.49. ASML Holding has a 1-year low of $563.99 and a 1-year high of $1,056.34.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $5.12 by $0.48. The firm had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.34 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. On average, research analysts expect that ASML Holding will post 20.31 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a $1.343 dividend. This represents a $5.37 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio (DPR) is presently 27.02%.

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.