Huntington National Bank Has $473,000 Stock Holdings in ASML Holding (NASDAQ:ASML)

Huntington National Bank lowered its position in shares of ASML Holding (NASDAQ:ASML) by 42.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 683 shares of the semiconductor company’s stock after selling 504 shares during the quarter. Huntington National Bank’s holdings in ASML were worth $473,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp increased its holdings in shares of ASML by 1.8% during the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock worth $1,239,421,000 after buying an additional 31,231 shares in the last quarter. Clearbridge Investments LLC raised its position in ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company’s stock valued at $868,324,000 after purchasing an additional 33,603 shares during the last quarter. Wellington Management Group LLP boosted its stake in ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company’s stock worth $559,494,000 after purchasing an additional 281,156 shares in the last quarter. Windacre Partnership LLC grew its holdings in shares of ASML by 4.0% during the third quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after purchasing an additional 25,600 shares during the last quarter. Finally, Amundi increased its stake in shares of ASML by 4,880.5% in the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company’s stock valued at $247,019,000 after buying an additional 328,552 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

ASML opened at $605.55 on Friday. The company has a fifty day moving average price of $716.73 and a two-hundred day moving average price of $726.98. The firm has a market capitalization of $238.24 billion, a PE ratio of 29.11, a P/E/G ratio of 1.62 and a beta of 1.67. ASML Holding has a 52 week low of $597.69 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

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

ASML Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be issued a dividend of $1.5855 per share. The ex-dividend date is Monday, April 28th. This is a boost from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 31.35%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. JPMorgan Chase & Co. decreased their price objective 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. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, Wells Fargo & Company upped their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.