4,892 Shares in ASML Holding N.V. $ASML Acquired by Cinctive Capital Management LP

Cinctive Capital Management LP purchased a new stake in ASML Holding N.V. (NASDAQ:ASML) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 4,892 shares of the semiconductor company’s stock, valued at approximately $4,736,000.

A number of other large investors also recently made changes to their positions in the business. Telos Capital Management Inc. grew its holdings in ASML by 4.5% in the 3rd quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock valued at $10,504,000 after buying an additional 463 shares during the period. Regents of The University of California purchased a new position in shares of ASML during the 3rd quarter worth about $413,335,000. Transcendent Capital Group LLC purchased a new position in shares of ASML during the 3rd quarter worth about $680,000. Dimensional Fund Advisors LP boosted its position in shares of ASML by 4.1% in the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after acquiring an additional 38,660 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in ASML by 34.5% in the third quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after purchasing an additional 4,001 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ASML shares. Citigroup reaffirmed a “buy” rating on shares of ASML in a research report on Tuesday, January 20th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a report on Friday, January 16th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research note on Wednesday, January 28th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, January 26th. Finally, Royal Bank Of Canada lifted their target price on ASML from $1,550.00 to $1,625.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Two equities 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,475.00.

ASML Trading Down 0.4%

Shares of ASML stock opened at $1,345.69 on Monday. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. 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’s 50 day moving average price is $1,380.42 and its two-hundred day moving average price is $1,130.66. The stock has a market cap 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.

ASML Increases Dividend

The firm 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 dividend of $3.1771 per share. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is presently 25.10%.

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.