ProShare Advisors LLC Sells 27,251 Shares of ASML Holding N.V. $ASML

ProShare Advisors LLC lowered its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 22.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 91,829 shares of the semiconductor company’s stock after selling 27,251 shares during the period. ProShare Advisors LLC’s holdings in ASML were worth $88,899,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ASML. Manning & Napier Advisors LLC bought a new stake in shares of ASML during the third quarter worth about $25,000. City Holding Co. bought a new position in ASML in the 3rd quarter valued at approximately $26,000. Princeton Global Asset Management LLC boosted its position in ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after buying an additional 20 shares during the period. Binnacle Investments Inc grew its holdings in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. bought a new stake in ASML during the 2nd quarter worth approximately $30,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Up 1.2%

Shares of ASML stock opened at $1,429.49 on Tuesday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,493.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. The stock has a 50 day simple moving average of $1,221.72 and a two-hundred day simple moving average of $1,014.70. The company has a market cap of $562.19 billion, a P/E ratio of 55.36, a PEG ratio of 1.63 and a beta of 1.89.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be paid a $3.1771 dividend. The ex-dividend date is Monday, April 27th. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is presently 24.55%.

Wall Street Analysts Forecast Growth

ASML has been the subject of several analyst reports. Evercore reaffirmed an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, January 28th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a report on Tuesday, December 16th. Zacks Research upgraded ASML from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Finally, HSBC restated a “buy” rating on shares of ASML in a research report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,475.00.

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.