Trinity Financial Advisors LLC Sells 100 Shares of ASML Holding (NASDAQ:ASML)

Trinity Financial Advisors LLC lessened its stake in shares of ASML Holding (NASDAQ:ASML) by 19.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 402 shares of the semiconductor company’s stock after selling 100 shares during the period. Trinity Financial Advisors LLC’s holdings in ASML were worth $390,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Investment Research & Advisory Group Inc. raised its position in shares of ASML by 21.3% during the 1st quarter. Investment Research & Advisory Group Inc. now owns 4,173 shares of the semiconductor company’s stock valued at $4,050,000 after buying an additional 733 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new stake in ASML in the 1st quarter worth about $308,000. Opinicus Capital Inc. purchased a new stake in ASML in the 1st quarter worth about $238,000. WD Rutherford LLC purchased a new stake in ASML in the 1st quarter worth about $29,000. Finally, Independence Bank of Kentucky raised its position in ASML by 2.1% in the 1st quarter. Independence Bank of Kentucky now owns 1,178 shares of the semiconductor company’s stock worth $1,143,000 after purchasing an additional 24 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Down 0.5 %

ASML stock traded down $5.28 during mid-day trading on Friday, reaching $1,022.73. The company had a trading volume of 837,765 shares, compared to its average volume of 1,027,876. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The company has a market capitalization of $403.56 billion, a PE ratio of 52.23, a price-to-earnings-growth ratio of 2.17 and a beta of 1.49. The firm has a 50 day moving average of $964.40 and a 200 day moving average of $907.83. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,077.22.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The firm had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. On average, equities analysts predict that ASML Holding will post 20.12 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were paid a dividend of $1.343 per share. The ex-dividend date was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.53%. ASML’s dividend payout ratio is presently 32.53%.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of recent analyst reports. Sanford C. Bernstein reduced their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Wells Fargo & Company increased their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Finally, Evercore ISI assumed coverage on shares of ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating on the stock. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,043.00.

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.