426,959 Shares in ASML Holding N.V. $ASML Acquired by Regents of The University of California

Regents of The University of California acquired a new stake in ASML Holding N.V. (NASDAQ:ASML) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 426,959 shares of the semiconductor company’s stock, valued at approximately $413,335,000. ASML makes up about 32.2% of Regents of The University of California’s portfolio, making the stock its largest holding. Regents of The University of California owned approximately 0.11% of ASML at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Telos Capital Management Inc. boosted its holdings in shares of ASML by 4.5% during the 3rd quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock valued at $10,504,000 after acquiring an additional 463 shares in the last quarter. Daymark Wealth Partners LLC raised its position in ASML by 25.3% in the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock valued at $3,738,000 after purchasing an additional 941 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of ASML by 6.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 18,899 shares of the semiconductor company’s stock valued at $15,153,000 after purchasing an additional 1,225 shares in the last quarter. Transcendent Capital Group LLC bought a new stake in shares of ASML during the third quarter worth about $680,000. Finally, Exchange Traded Concepts LLC increased its stake in shares of ASML by 30.1% in the third quarter. Exchange Traded Concepts LLC now owns 13,919 shares of the semiconductor company’s stock valued at $13,475,000 after buying an additional 3,217 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on ASML shares. Santander downgraded shares of ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Royal Bank Of Canada lifted their price target on shares of ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Wells Fargo & Company increased their price objective on ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Zacks Research raised ASML from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,475.00.

ASML Stock Performance

Shares of ASML stock opened at $1,413.01 on Monday. The business has a 50-day moving average price of $1,214.91 and a two-hundred day moving average price of $1,009.74. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,493.47. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The company has a market cap of $555.71 billion, a P/E ratio of 54.73, a PEG ratio of 1.63 and a beta of 1.89.

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 issued a $3.1771 dividend. The ex-dividend date is Monday, April 27th. This is an increase from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. ASML’s dividend payout ratio is presently 24.79%.

ASML Profile

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.