TIAA Trust National Association Sells 17,461 Shares of ASML Holding N.V. $ASML

TIAA Trust National Association decreased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 81.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,988 shares of the semiconductor company’s stock after selling 17,461 shares during the period. TIAA Trust National Association’s holdings in ASML were worth $3,196,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Daymark Wealth Partners LLC grew its stake in shares of ASML by 25.3% in the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock valued at $3,738,000 after acquiring an additional 941 shares in the last quarter. Acadian Asset Management LLC grew its stake in shares of ASML by 97.6% in the first quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock valued at $101,978,000 after acquiring an additional 76,023 shares in the last quarter. Strategic Planning Group LLC grew its stake in shares of ASML by 12.5% in the second quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company’s stock valued at $5,251,000 after acquiring an additional 730 shares in the last quarter. Empowered Funds LLC grew its stake in shares of ASML by 5.0% in the first quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company’s stock valued at $7,241,000 after acquiring an additional 519 shares in the last quarter. Finally, Gunderson Capital Management Inc. acquired a new position in shares of ASML in the second quarter valued at about $1,702,000. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on ASML. Susquehanna upped their price target on shares of ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research note on Friday, October 10th. HSBC restated a “buy” rating on shares of ASML in a research note on Friday, October 17th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research note on Wednesday, October 15th. Wells Fargo & Company upped their price objective on shares of ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of ASML in a research report on Wednesday, October 29th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average price target of $1,051.60.

ASML Trading Up 0.7%

ASML opened at $1,066.82 on Tuesday. 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 50-day simple moving average of $930.91 and a 200 day simple moving average of $807.27. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $419.56 billion, a price-to-earnings ratio of 43.42, a P/E/G ratio of 1.76 and a beta of 1.87.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping the consensus estimate of $6.27 by $0.14. The business had revenue of $8.71 billion during the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. ASML’s revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.28 earnings per share. Analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th will be issued a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Wednesday, October 29th. ASML’s dividend payout ratio (DPR) is currently 25.76%.

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.