Waterloo Capital L.P. Invests $1.85 Million in ASML Holding N.V. $ASML

Waterloo Capital L.P. bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,915 shares of the semiconductor company’s stock, valued at approximately $1,854,000.

Several other hedge funds also recently added to or reduced their stakes in ASML. Fisher Asset Management LLC raised its stake in ASML by 6.3% during the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after acquiring an additional 250,934 shares in the last quarter. WCM Investment Management LLC increased its position in shares of ASML by 24.9% during the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after purchasing an additional 385,502 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of ASML by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock valued at $611,933,000 after purchasing an additional 37,994 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of ASML by 14.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 583,093 shares of the semiconductor company’s stock valued at $467,285,000 after purchasing an additional 72,164 shares during the last quarter. Finally, Brown Advisory Inc. boosted its position in shares of ASML by 1.8% in the 2nd quarter. Brown Advisory Inc. now owns 448,798 shares of the semiconductor company’s stock valued at $359,662,000 after purchasing an additional 8,070 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on ASML. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. HSBC reaffirmed a “buy” rating on shares of ASML in a report on Friday, October 17th. Sanford C. Bernstein set a $1,911.00 price target on shares of ASML in a research note on Thursday, January 29th. Berenberg Bank restated a “buy” rating on shares of ASML in a research note on Friday, January 23rd. Finally, Wells Fargo & Company upped their target price on shares of ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,475.00.

ASML Stock Up 4.7%

ASML stock opened at $1,413.01 on Friday. The stock has a market capitalization of $555.71 billion, a PE ratio of 54.73, a price-to-earnings-growth ratio of 1.56 and a beta of 1.89. The company has a fifty day moving average of $1,214.91 and a 200-day moving average of $1,005.59. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,493.47.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be given a dividend of $3.1771 per share. This represents a $12.71 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. ASML’s payout ratio is presently 24.55%.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.