Coldstream Capital Management Inc. Acquires 985 Shares of ASML Holding N.V. $ASML

Coldstream Capital Management Inc. grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 31.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,083 shares of the semiconductor company’s stock after purchasing an additional 985 shares during the quarter. Coldstream Capital Management Inc.’s holdings in ASML were worth $3,953,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ASML. Capital International Investors lifted its holdings in ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in ASML during the 3rd quarter valued at $505,510,000. Regents of The University of California bought a new stake in ASML during the 3rd quarter valued at $413,335,000. WCM Investment Management LLC lifted its holdings in shares of ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after buying an additional 385,502 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in shares of ASML by 75.6% in the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after buying an additional 340,518 shares during the period. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ASML shares. Susquehanna restated a “positive” rating on shares of ASML in a research note on Monday, January 12th. Grupo Santander lowered shares of ASML to an “underperform” rating in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Wednesday, February 25th. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research report on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,475.00.

ASML Trading Down 2.4%

ASML opened at $1,355.17 on Thursday. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The firm has a market cap of $532.96 billion, a price-to-earnings ratio of 52.49, a PEG ratio of 1.34 and a beta of 1.88. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,547.22. The stock has a fifty day moving average price of $1,388.84 and a 200-day moving average price of $1,141.03.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be issued a $3.1771 dividend. 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 is presently 25.10%.

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.