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

TIAA Trust National Association lowered its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 64.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Manning & Napier Advisors LLC acquired a new position in ASML in the 3rd quarter valued at $25,000. City Holding Co. purchased a new position in ASML during the third quarter worth about $26,000. Binnacle Investments Inc lifted its holdings in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the last quarter. Pin Oak Investment Advisors Inc. acquired a new position in shares of ASML in the 2nd quarter valued at $30,000. Finally, IAG Wealth Partners LLC grew its holdings in shares of ASML by 300.0% during the 3rd quarter. IAG Wealth Partners LLC now owns 40 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 30 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ASML. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, February 25th. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, February 25th. Santander downgraded ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research note on Monday, February 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,475.00.

ASML Trading Down 0.9%

ASML opened at $1,450.56 on Monday. The business has a fifty day moving average price of $1,322.24 and a 200 day moving average price of $1,087.31. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,547.22. The stock has a market capitalization of $570.48 billion, a price-to-earnings ratio of 56.18, a PEG ratio of 1.65 and a beta of 1.88.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be issued a dividend of $3.1771 per share. This is a boost from ASML’s previous quarterly dividend of $1.88. The ex-dividend date is Monday, April 27th. This represents a $12.71 annualized dividend and a yield of 0.9%. ASML’s dividend payout ratio (DPR) is presently 25.10%.

About ASML

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.