Atlantic Union Bankshares Corp Sells 1,109 Shares of ASML Holding (NASDAQ:ASML)

Atlantic Union Bankshares Corp trimmed its holdings in ASML Holding (NASDAQ:ASML) by 26.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,010 shares of the semiconductor company’s stock after selling 1,109 shares during the period. Atlantic Union Bankshares Corp’s holdings in ASML were worth $2,086,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in ASML. Amundi lifted 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. Raymond James Financial Inc. bought a new position in shares of ASML in the fourth quarter valued at $175,257,000. Fisher Funds Management LTD bought a new position in shares of ASML in the fourth quarter valued at $137,386,000. SG Americas Securities LLC lifted its stake in shares of ASML by 281.3% in the fourth quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock valued at $108,601,000 after buying an additional 115,603 shares in the last quarter. Finally, Westfield Capital Management Co. LP lifted its stake in shares of ASML by 126.4% in the third quarter. Westfield Capital Management Co. LP now owns 148,377 shares of the semiconductor company’s stock valued at $123,635,000 after buying an additional 82,836 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on ASML shares. Sanford C. Bernstein lowered their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company increased their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Finally, JPMorgan Chase & Co. lowered their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Price Performance

Shares of NASDAQ ASML opened at $732.22 on Friday. The firm has a market cap of $288.07 billion, a price-to-earnings ratio of 35.20, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The stock has a fifty day simple moving average of $733.25 and a two-hundred day simple moving average of $747.14. 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 Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. Analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is a positive change from ASML’s previous dividend of $1.08. ASML’s payout ratio is 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.