ASML Holding N.V. $ASML Holdings Trimmed by Seaview Investment Managers LLC

Seaview Investment Managers LLC trimmed its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 33.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,689 shares of the semiconductor company’s stock after selling 5,411 shares during the period. ASML comprises 3.8% of Seaview Investment Managers LLC’s investment portfolio, making the stock its 3rd biggest holding. Seaview Investment Managers LLC’s holdings in ASML were worth $10,348,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Fisher Asset Management LLC lifted its position in shares of ASML by 6.3% during the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after acquiring an additional 250,934 shares during the period. WCM Investment Management LLC lifted its stake 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 valued at $1,861,445,000 after buying an additional 385,502 shares during the period. Franklin Resources Inc. boosted its stake in ASML by 5.2% in the 2nd quarter. Franklin Resources Inc. now owns 763,590 shares of the semiconductor company’s stock worth $611,933,000 after buying an additional 37,994 shares during the last quarter. Massachusetts Financial Services Co. MA boosted 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. lifted its stake 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 in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of ASML stock opened at $1,413.62 on Wednesday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,493.47. The stock’s 50-day moving average is $1,227.82 and its two-hundred day moving average is $1,019.64. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. The firm has a market cap of $555.95 billion, a P/E ratio of 54.75, a PEG ratio of 1.65 and a beta of 1.89.

ASML Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ASML. Weiss Ratings cut shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Zacks Research upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Grupo Santander lowered shares of ASML to an “underperform” rating in a research report on Thursday, January 22nd. Finally, Bank of America increased their price objective on ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average target price 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.