Anchor Investment Management LLC Acquires 414 Shares of ASML Holding N.V. $ASML

Anchor Investment Management LLC lifted its stake in ASML Holding N.V. (NASDAQ:ASML) by 32.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,696 shares of the semiconductor company’s stock after acquiring an additional 414 shares during the period. Anchor Investment Management LLC’s holdings in ASML were worth $1,642,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Fisher Asset Management LLC increased its holdings in shares of ASML by 2.6% during the 3rd quarter. Fisher Asset Management LLC now owns 4,352,596 shares of the semiconductor company’s stock worth $4,213,705,000 after purchasing an additional 108,342 shares during the period. Capital International Investors lifted its stake in shares of ASML by 17.3% in the third 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 during the period. Van ECK Associates Corp grew its position in ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after buying an additional 305,435 shares in the last quarter. WCM Investment Management LLC grew its position in ASML by 24.9% during the third 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 in the last quarter. Finally, Wellington Management Group LLP increased its stake in ASML by 25.2% during the third quarter. Wellington Management Group LLP now owns 1,157,324 shares of the semiconductor company’s stock valued at $1,120,394,000 after acquiring an additional 232,960 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Trading Down 0.4%

ASML stock opened at $1,345.69 on Monday. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,547.22. 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 business’s 50 day moving average is $1,380.42 and its 200-day moving average is $1,130.66. The firm has a market cap of $529.23 billion, a P/E ratio of 52.12, a P/E/G ratio of 1.30 and a beta of 1.88.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be given a $3.1771 dividend. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. This is a positive change from ASML’s previous quarterly dividend of $1.88. The ex-dividend date is Monday, April 27th. ASML’s dividend payout ratio (DPR) is currently 25.10%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Grupo Santander lowered ASML to an “underperform” rating in a research note on Thursday, January 22nd. Citigroup reaffirmed a “buy” rating on shares of ASML in a research report on Tuesday, January 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Wednesday, February 25th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,475.00.

About ASML

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.