ASML Holding (NASDAQ:ASML) Shares Bought by Hills Bank & Trust Co

Hills Bank & Trust Co grew its position in ASML Holding (NASDAQ:ASML) by 50.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 723 shares of the semiconductor company’s stock after acquiring an additional 243 shares during the period. Hills Bank & Trust Co’s holdings in ASML were worth $602,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. KP Management LLC boosted its position in ASML by 66.7% during the second quarter. KP Management LLC now owns 5,000 shares of the semiconductor company’s stock worth $5,114,000 after purchasing an additional 2,000 shares in the last quarter. Harvard Management Co. Inc. lifted its position in shares of ASML by 239.8% during the 2nd quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock valued at $95,645,000 after buying an additional 66,000 shares in the last quarter. US Bancorp DE grew its stake in ASML by 7.5% in the 3rd quarter. US Bancorp DE now owns 47,601 shares of the semiconductor company’s stock valued at $39,664,000 after acquiring an additional 3,321 shares during the period. Pathway Financial Advisers LLC increased its holdings in ASML by 97,001.7% in the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock worth $94,665,000 after acquiring an additional 113,492 shares in the last quarter. Finally, Pictet North America Advisors SA raised its position in ASML by 15.0% during the third quarter. Pictet North America Advisors SA now owns 5,929 shares of the semiconductor company’s stock worth $4,940,000 after acquiring an additional 773 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. cut their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Susquehanna decreased their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, Sanford C. Bernstein reduced their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research note on Monday, October 21st. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $970.60.

ASML Stock Performance

NASDAQ ASML opened at $674.73 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The stock’s fifty day moving average is $793.52 and its two-hundred day moving average is $897.62. The firm has a market capitalization of $265.45 billion, a P/E ratio of 35.33, a price-to-earnings-growth ratio of 1.98 and a beta of 1.48. ASML Holding has a fifty-two week low of $627.09 and a fifty-two week high of $1,110.09.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th will be given a dividend of $1.407 per share. The ex-dividend date is Tuesday, October 29th. This represents a $5.63 annualized dividend and a dividend yield of 0.83%. ASML’s payout ratio is 29.21%.

About ASML

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.