Aristides Capital LLC raised its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 17.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,633 shares of the semiconductor company’s stock after buying an additional 1,000 shares during the period. ASML makes up 0.9% of Aristides Capital LLC’s portfolio, making the stock its 14th biggest position. Aristides Capital LLC’s holdings in ASML were worth $6,421,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Manning & Napier Advisors LLC acquired a new position in shares of ASML in the third quarter worth $25,000. City Holding Co. acquired a new position in ASML in the 3rd quarter valued at approximately $26,000. Binnacle Investments Inc raised its stake in shares of 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 position in ASML during the second quarter worth $30,000. Finally, IAG Wealth Partners LLC raised its stake in shares of ASML by 300.0% in the third quarter. IAG Wealth Partners LLC now owns 40 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 30 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms have recently commented on ASML. Grupo Santander cut shares of ASML to an “underperform” rating in a research note on Thursday, January 22nd. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. KGI Securities set a $1,415.00 price target on ASML and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Finally, Royal Bank Of Canada increased their price objective 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. Two 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 given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,475.00.
ASML Trading Down 2.5%
Shares of NASDAQ ASML opened at $1,351.58 on Friday. The firm has a 50 day moving average price of $1,376.78 and a two-hundred day moving average price of $1,121.49. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,547.22. The stock has a market cap of $531.55 billion, a P/E ratio of 52.35, a price-to-earnings-growth ratio of 1.34 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 company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be issued a $3.1771 dividend. The ex-dividend date is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 annualized dividend and a yield of 0.9%. ASML’s dividend payout ratio (DPR) is presently 25.10%.
ASML 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.
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