ASML Holding N.V. $ASML Shares Sold by Profund Advisors LLC

Profund Advisors LLC cut its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 7.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,895 shares of the semiconductor company’s stock after selling 564 shares during the period. Profund Advisors LLC’s holdings in ASML were worth $6,675,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Linden Thomas Advisory Services LLC increased its stake in ASML by 8.3% in the third quarter. Linden Thomas Advisory Services LLC now owns 846 shares of the semiconductor company’s stock valued at $819,000 after purchasing an additional 65 shares during the period. Breakwater Capital Group grew its holdings in shares of ASML by 9.9% during the third quarter. Breakwater Capital Group now owns 489 shares of the semiconductor company’s stock worth $473,000 after buying an additional 44 shares during the last quarter. Regents of The University of California acquired a new position in ASML in the 3rd quarter valued at about $413,335,000. Cardinal Point Capital Management ULC purchased a new stake in ASML during the 3rd quarter valued at approximately $218,000. Finally, Fullcircle Wealth LLC lifted its position in ASML by 4.9% during the 3rd quarter. Fullcircle Wealth LLC now owns 1,146 shares of the semiconductor company’s stock worth $1,181,000 after acquiring an additional 54 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,413.01 on Monday. The stock has a fifty day moving average price of $1,214.91 and a 200 day moving average price of $1,009.74. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. The stock has a market cap of $555.71 billion, a PE ratio of 54.73, a P/E/G ratio of 1.63 and a beta of 1.89. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,493.47.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be paid a dividend of $3.1771 per share. This is a positive change from ASML’s previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. ASML’s dividend payout ratio is 24.79%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. KGI Securities set a $1,415.00 target price on ASML and gave the company an “outperform” rating in a report on Thursday, January 15th. Evercore restated an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. Grupo Santander downgraded shares of ASML to an “underperform” rating in a report on Thursday, January 22nd. DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a research report on Tuesday, December 16th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, ASML has a consensus 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.