Zions Bancorporation National Association UT Has $9.28 Million Position in ASML Holding N.V. $ASML

Zions Bancorporation National Association UT raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 7.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,584 shares of the semiconductor company’s stock after acquiring an additional 766 shares during the quarter. Zions Bancorporation National Association UT’s holdings in ASML were worth $9,283,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in ASML. Princeton Global Asset Management LLC lifted its holdings in ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 20 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in shares of ASML in the first quarter valued at approximately $27,000. Washington Trust Advisors Inc. raised its stake in shares of ASML by 129.4% in the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 22 shares during the last quarter. Maseco LLP acquired a new position in shares of ASML in the 2nd quarter worth approximately $32,000. Finally, Knuff & Co LLC bought a new stake in ASML during the 1st quarter worth approximately $33,000. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Barclays restated an “overweight” rating on shares of ASML in a research note on Tuesday, September 30th. Hsbc Global Res raised ASML to a “strong-buy” rating in a report on Monday, October 6th. UBS Group reissued a “buy” rating on shares of ASML in a report on Wednesday, October 15th. Finally, Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Thursday, October 16th. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $1,076.33.

ASML Trading Down 1.2%

ASML stock opened at $1,016.96 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,086.11. The company has a market cap of $399.95 billion, a P/E ratio of 41.39, a PEG ratio of 1.76 and a beta of 1.88. The business has a fifty day moving average of $952.53 and a 200-day moving average of $817.13.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. The business had revenue of $8.71 billion for the quarter, compared to analysts’ expectations of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business earned $5.28 earnings per share. As a group, equities research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Wednesday, October 29th were given a dividend of $1.857 per share. The ex-dividend date was Wednesday, October 29th. This represents a $7.43 annualized dividend and a dividend yield of 0.7%. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s dividend payout ratio is presently 25.76%.

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.