Capital Group Private Client Services Inc. Has $4.30 Million Holdings in ASML Holding N.V. $ASML

Capital Group Private Client Services Inc. decreased its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 36.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,446 shares of the semiconductor company’s stock after selling 2,544 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in ASML were worth $4,304,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ASML. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Bank of America increased their price objective on shares of ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Susquehanna restated a “positive” rating on shares of ASML in a research note on Monday, January 12th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, February 25th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Two equities research 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,475.00.

Check Out Our Latest Stock Report on ASML

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ASML Price Performance

ASML opened at $1,383.40 on Wednesday. The firm has a market cap of $544.06 billion, a P/E ratio of 53.58, a PEG ratio of 1.31 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 Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,547.22. The firm has a 50-day moving average of $1,364.81 and a 200 day moving average of $1,118.01.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be given a dividend of $3.1771 per share. 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%. This is a boost from ASML’s previous quarterly dividend of $1.88. ASML’s payout ratio is currently 25.10%.

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

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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