Zions Bancorporation N.A. Buys 2,478 Shares of ASML Holding (NASDAQ:ASML)

Zions Bancorporation N.A. boosted its position in shares of ASML Holding (NASDAQ:ASML) by 37.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 9,168 shares of the semiconductor company’s stock after buying an additional 2,478 shares during the quarter. Zions Bancorporation N.A.’s holdings in ASML were worth $6,354,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Steigerwald Gordon & Koch Inc. lifted its stake in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after acquiring an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC increased its stake in ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after buying an additional 14 shares during the period. Trust Point Inc. boosted its position in ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after buying an additional 14 shares during the period. Sunpointe LLC increased its position in shares of ASML by 1.3% during the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after acquiring an additional 14 shares during the period. Finally, Wealth Quarterback LLC raised its stake in shares of ASML by 1.1% during the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock valued at $923,000 after acquiring an additional 15 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 1.6 %

Shares of ASML stock opened at $727.84 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a market cap of $286.35 billion, a P/E ratio of 34.99, a PEG ratio of 1.62 and a beta of 1.54. The firm’s 50 day moving average price is $730.89 and its 200-day moving average price is $733.34. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings results 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 return on equity of 47.73% and a net margin of 26.78%. On average, sell-side analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were paid a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio (DPR) is 31.35%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ASML. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. lowered their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company upped their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Finally, Sanford C. Bernstein cut their price objective 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. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $937.00.

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.