Alight Capital Management LP Acquires New Shares in ASML Holding N.V. $ASML

Alight Capital Management LP bought a new position in ASML Holding N.V. (NASDAQ:ASML) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 13,000 shares of the semiconductor company’s stock, valued at approximately $12,585,000. ASML makes up approximately 2.7% of Alight Capital Management LP’s investment portfolio, making the stock its 9th largest holding.

Several other hedge funds have also recently modified their holdings of ASML. HBK Sorce Advisory LLC raised its holdings in shares of ASML by 1.0% during the third quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock valued at $1,067,000 after purchasing an additional 10 shares during the last quarter. Albion Financial Group UT grew its position in ASML by 27.8% in the 3rd quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 10 shares during the period. Global Assets Advisory LLC grew its position in ASML by 2.3% in the 3rd quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock worth $438,000 after purchasing an additional 10 shares during the period. State of Wyoming raised its stake in ASML by 4.2% during the 3rd quarter. State of Wyoming now owns 247 shares of the semiconductor company’s stock valued at $239,000 after buying an additional 10 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in ASML by 3.0% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 345 shares of the semiconductor company’s stock valued at $334,000 after buying an additional 10 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Trading Down 0.4%

NASDAQ:ASML opened at $1,345.69 on Friday. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,547.22. The business has a fifty day moving average price of $1,380.42 and a 200-day moving average price of $1,128.13. The firm has a market capitalization of $529.23 billion, a price-to-earnings ratio of 52.12, a price-to-earnings-growth ratio of 1.30 and a beta of 1.88. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79.

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 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 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 presently 25.10%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ASML. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Wednesday, February 25th. Grupo Santander downgraded ASML to an “underperform” rating in a report on Thursday, January 22nd. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Susquehanna restated a “positive” rating on shares of ASML in a research note on Monday, January 12th. Finally, Santander lowered shares of ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Two research 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price 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.