Avalon Trust Co Has $124,000 Stock Holdings in ASML Holding N.V. $ASML

Avalon Trust Co trimmed its position in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 97.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128 shares of the semiconductor company’s stock after selling 4,449 shares during the period. Avalon Trust Co’s holdings in ASML were worth $124,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Telos Capital Management Inc. raised its stake in shares of ASML by 4.5% in the third quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock worth $10,504,000 after purchasing an additional 463 shares during the last quarter. Daymark Wealth Partners LLC grew its holdings in ASML by 25.3% during the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock worth $3,738,000 after buying an additional 941 shares in the last quarter. Regents of The University of California purchased a new stake in ASML in the 3rd quarter valued at $413,335,000. Transcendent Capital Group LLC bought a new position in ASML during the 3rd quarter valued at $680,000. Finally, Principal Financial Group Inc. boosted its holdings in ASML by 34.5% during the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after acquiring an additional 4,001 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML News Roundup

Here are the key news stories impacting ASML this week:

Analyst Ratings Changes

Several analysts have recently commented on ASML shares. Berenberg Bank reiterated a “buy” rating on shares of ASML in a report on Friday, January 23rd. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 26th. Wells Fargo & Company lifted their target price on shares of ASML from $1,450.00 to $1,650.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday, January 29th. Finally, Rothschild & Co Redburn set a $1,200.00 price target on ASML in a research report on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,475.00.

Read Our Latest Research Report on ASML

ASML Stock Performance

NASDAQ ASML opened at $1,485.99 on Tuesday. The firm has a market cap of $584.41 billion, a P/E ratio of 57.55, a price-to-earnings-growth ratio of 1.67 and a beta of 1.89. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. The company’s 50 day moving average is $1,287.15 and its 200-day moving average is $1,066.20. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,493.47.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be issued a $3.1771 dividend. The ex-dividend date of this dividend is Monday, April 27th. This is an increase from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. ASML’s dividend payout ratio is 25.10%.

ASML Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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