Assetmark Inc. Acquires 2,702 Shares of ASML Holding N.V. $ASML

Assetmark Inc. lifted its holdings in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 8.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 36,347 shares of the semiconductor company’s stock after purchasing an additional 2,702 shares during the period. Assetmark Inc.’s holdings in ASML were worth $35,188,000 as of its most recent filing with the SEC.

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

More ASML News

Here are the key news stories impacting ASML this week:

Analyst Ratings Changes

ASML has been the subject of several recent analyst reports. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research report on Friday, January 23rd. Grupo Santander downgraded ASML to an “underperform” rating in a research note on Thursday, January 22nd. TD Cowen reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Bank of America lifted their price target on shares of ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Finally, Wells Fargo & Company upped their price objective on shares of ASML from $1,450.00 to $1,650.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Three 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,475.00.

Check Out Our Latest Research Report on ASML

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,406.61 on Friday. The company has a market capitalization of $553.19 billion, a P/E ratio of 54.48, a price-to-earnings-growth ratio of 1.60 and a beta of 1.89. The company’s 50-day moving average is $1,245.79 and its 200 day moving average is $1,029.92. 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 fifty-two week low of $578.51 and a fifty-two week high of $1,493.47.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be paid a $3.1771 dividend. The ex-dividend date is Monday, April 27th. This is a positive change 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 25.10%.

ASML Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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