Stock Yards Bank & Trust Co. Sells 739 Shares of ASML Holding (NASDAQ:ASML)

Stock Yards Bank & Trust Co. lowered its holdings in ASML Holding (NASDAQ:ASML) by 15.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,899 shares of the semiconductor company’s stock after selling 739 shares during the period. Stock Yards Bank & Trust Co.’s holdings in ASML were worth $2,951,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in ASML. Van ECK Associates Corp grew its position in ASML by 34.6% in the third quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock valued at $628,344,000 after purchasing an additional 274,562 shares in the last quarter. International Assets Investment Management LLC lifted its stake in ASML by 48,040.7% in the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after acquiring an additional 245,488 shares during the last quarter. Barclays PLC lifted its stake in ASML by 106.5% in the third quarter. Barclays PLC now owns 336,956 shares of the semiconductor company’s stock valued at $198,353,000 after acquiring an additional 173,813 shares during the last quarter. Jennison Associates LLC lifted its stake in ASML by 15.3% in the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock valued at $867,549,000 after acquiring an additional 151,844 shares during the last quarter. Finally, FMR LLC lifted its stake in ASML by 3.6% in the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock valued at $2,123,710,000 after acquiring an additional 126,413 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ:ASML opened at $872.05 on Tuesday. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,056.34. The firm has a market cap of $344.10 billion, a price-to-earnings ratio of 44.54, a P/E/G ratio of 2.11 and a beta of 1.49. The firm’s 50-day simple moving average is $957.04 and its 200 day simple moving average is $798.76. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. ASML had a net margin of 27.23% and a return on equity of 56.99%. The business had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.34 billion. As a group, sell-side analysts predict that ASML Holding will post 20.31 earnings per share for the current year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be issued a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio is currently 27.02%.

Wall Street Analyst Weigh In

A number of analysts have commented on ASML shares. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Evercore ISI started coverage on shares of ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating for the company. Sanford C. Bernstein cut their price target on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research note on Friday, April 12th. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Finally, Raymond James raised their target price on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 25th. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,036.00.

About ASML

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.