Central Pacific Bank Trust Division Purchases Shares of 1,694 ASML Holding (NASDAQ:ASML)

Central Pacific Bank Trust Division purchased a new position in ASML Holding (NASDAQ:ASML - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,694 shares of the semiconductor company's stock, valued at approximately $1,174,000.

A number of other hedge funds also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV raised its position in ASML by 4,379.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company's stock worth $910,102,000 after buying an additional 870,010 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company's stock valued at $4,096,410,000 after purchasing an additional 491,096 shares during the last quarter. Van ECK Associates Corp lifted its position in ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company's stock valued at $1,464,061,000 after purchasing an additional 474,653 shares during the period. Tairen Capital Ltd lifted its position in ASML by 321.2% during the second quarter. Tairen Capital Ltd now owns 202,946 shares of the semiconductor company's stock valued at $207,559,000 after purchasing an additional 154,760 shares during the period. Finally, Mediolanum International Funds Ltd purchased a new stake in ASML in the third quarter worth approximately $125,952,000. Institutional investors own 26.07% of the company's stock.

ASML Price Performance

Shares of ASML stock traded up $13.94 on Friday, hitting $714.36. 1,062,723 shares of the stock traded hands, compared to its average volume of 1,089,461. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The firm has a 50 day simple moving average of $693.93 and a two-hundred day simple moving average of $819.09. The firm has a market cap of $281.04 billion, a price-to-earnings ratio of 37.40, a PEG ratio of 2.07 and a beta of 1.49.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The business had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. As a group, equities research analysts predict that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were issued a dividend of $1.407 per share. This represents a $5.63 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML's dividend payout ratio (DPR) is currently 29.21%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ASML. Sanford C. Bernstein lowered their price target on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a report on Friday, November 29th. Morgan Stanley cut ASML from an "overweight" rating to an "equal weight" rating in a research report on Friday, September 20th. Wells Fargo & Company reduced their price target on shares of ASML from $1,000.00 to $790.00 and set an "overweight" rating for the company in a research report on Thursday, October 17th. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an "overweight" rating on the stock in a report on Thursday, October 17th. Finally, Berenberg Bank raised shares of ASML to a "strong-buy" rating in a report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $943.83.

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.