ASML Holding N.V. $ASML Shares Sold by 11 Capital Partners LP

11 Capital Partners LP lessened its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 12.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,596 shares of the semiconductor company’s stock after selling 2,355 shares during the quarter. ASML makes up about 4.6% of 11 Capital Partners LP’s portfolio, making the stock its 12th biggest holding. 11 Capital Partners LP’s holdings in ASML were worth $16,066,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Manning & Napier Advisors LLC purchased a new stake in shares of ASML in the third quarter valued at approximately $25,000. City Holding Co. purchased a new stake in ASML in the 3rd quarter valued at $26,000. Binnacle Investments Inc grew its holdings in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares in the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in shares of ASML in the 2nd quarter worth $30,000. Finally, IAG Wealth Partners LLC raised its holdings in shares of ASML by 300.0% during the 3rd quarter. IAG Wealth Partners LLC now owns 40 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 30 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Down 2.5%

Shares of ASML stock opened at $1,351.58 on Friday. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,547.22. The firm has a market cap of $531.55 billion, a PE ratio of 52.35, a price-to-earnings-growth ratio of 1.34 and a beta of 1.88. The company has a 50-day moving average of $1,376.78 and a two-hundred day moving average of $1,121.49. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79.

ASML Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Berenberg Bank reissued a “buy” rating on shares of ASML in a report on Friday, January 23rd. Zacks Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Wednesday, February 25th. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 26th. Finally, KGI Securities set a $1,415.00 price objective on ASML and gave the company an “outperform” rating in a report on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $1,475.00.

ASML Company 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.