Ameriprise Financial Inc. Sells 9,936 Shares of ASML Holding N.V. $ASML

Ameriprise Financial Inc. lowered its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 3.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 285,759 shares of the semiconductor company’s stock after selling 9,936 shares during the period. Ameriprise Financial Inc. owned approximately 0.07% of ASML worth $276,789,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ASML. Telos Capital Management Inc. boosted its stake in shares of ASML by 4.5% in the 3rd quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock worth $10,504,000 after buying an additional 463 shares during the last quarter. Regents of The University of California bought a new position in shares of ASML in the third quarter valued at approximately $413,335,000. Dimensional Fund Advisors LP increased its position in shares of ASML by 4.1% during the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after acquiring an additional 38,660 shares during the last quarter. Transcendent Capital Group LLC bought a new stake in ASML during the third quarter worth $680,000. Finally, Principal Financial Group Inc. lifted its holdings in ASML by 34.5% during the third quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after acquiring an additional 4,001 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ASML has been the subject of a number of recent analyst reports. Citigroup restated a “buy” rating on shares of ASML in a research note on Tuesday, January 20th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Wednesday, January 28th. Grupo Santander downgraded shares of ASML to an “underperform” rating in a report on Thursday, January 22nd. Royal Bank Of Canada increased their price target on shares of ASML from $1,550.00 to $1,625.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Finally, Santander downgraded shares of ASML from a “neutral” rating to an “underperform” rating in a report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,475.00.

Get Our Latest Report on ASML

ASML Stock Up 2.2%

ASML stock opened at $1,375.56 on Tuesday. The stock has a fifty day moving average of $1,383.36 and a 200-day moving average of $1,134.97. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,547.22. The company has a market capitalization of $540.98 billion, a price-to-earnings ratio of 53.28, a PEG ratio of 1.30 and a beta of 1.88. 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 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be given a dividend of $3.1771 per share. This is a boost 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%. The ex-dividend date is Monday, April 27th. ASML’s dividend payout ratio (DPR) is 25.10%.

Key ASML News

Here are the key news stories impacting ASML this week:

About ASML

(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.

See Also

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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