Clear Creek Financial Management LLC Sells 663 Shares of ASML Holding N.V. $ASML

Clear Creek Financial Management LLC decreased its position in ASML Holding N.V. (NASDAQ:ASML) by 35.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,228 shares of the semiconductor company’s stock after selling 663 shares during the period. Clear Creek Financial Management LLC’s holdings in ASML were worth $1,189,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Capstone Wealth Management Group LLC increased its holdings in shares of ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after buying an additional 124 shares during the last quarter. AQR Capital Management LLC lifted its stake in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after purchasing an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of ASML by 153.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after purchasing an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of ASML by 1.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after purchasing an additional 15 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its stake in ASML by 8.9% in the second quarter. DekaBank Deutsche Girozentrale now owns 258 shares of the semiconductor company’s stock worth $207,000 after purchasing an additional 21 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,469.59 on Friday. The company has a market capitalization of $577.96 billion, a PE ratio of 56.92, a price-to-earnings-growth ratio of 1.66 and a beta of 1.89. The stock’s fifty day moving average is $1,279.18 and its two-hundred day moving average is $1,055.61. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,493.47. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be given a $3.1771 dividend. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. ASML’s payout ratio is currently 25.10%.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent analyst reports. Santander lowered ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Bank of America upped their price target on shares of ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Morgan Stanley reissued an “overweight” rating on shares of ASML in a report on Friday, January 16th. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, January 26th. Finally, Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Wednesday, January 28th. Three research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.