Exchange Capital Management Inc. Sells 22 Shares of ASML Holding (NASDAQ:ASML)

Exchange Capital Management Inc. trimmed its holdings in ASML Holding (NASDAQ:ASML) by 1.7% in the 4th quarter, Holdings Channel reports. The fund owned 1,288 shares of the semiconductor company’s stock after selling 22 shares during the quarter. Exchange Capital Management Inc.’s holdings in ASML were worth $893,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ASML. Blackhawk Capital Partners LLC. purchased a new stake in ASML during the 4th quarter valued at about $593,000. Mengis Capital Management Inc. purchased a new stake in shares of ASML during the 4th quarter valued at about $1,781,000. Addison Advisors LLC boosted its holdings in shares of ASML by 45.5% during the 4th quarter. Addison Advisors LLC now owns 211 shares of the semiconductor company’s stock valued at $146,000 after acquiring an additional 66 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co purchased a new stake in shares of ASML during the 4th quarter valued at about $8,380,000. Finally, Edge Capital Group LLC boosted its holdings in shares of ASML by 25.3% during the 4th quarter. Edge Capital Group LLC now owns 367 shares of the semiconductor company’s stock valued at $254,000 after acquiring an additional 74 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ASML has been the topic of a number of recent analyst reports. Sanford C. Bernstein dropped their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. BNP Paribas began coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. Finally, DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Price Performance

NASDAQ ASML opened at $730.19 on Wednesday. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock has a market cap of $287.27 billion, a price-to-earnings ratio of 35.11, a PEG ratio of 1.62 and a beta of 1.47. The company’s 50 day moving average is $732.79 and its two-hundred day moving average is $756.35. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. The ex-dividend date of this dividend was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is presently 31.35%.

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.