ASML Holding N.V. $ASML Shares Sold by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC cut its stake in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 94.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 209 shares of the semiconductor company’s stock after selling 3,835 shares during the period. Cyndeo Wealth Partners LLC’s holdings in ASML were worth $224,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in ASML. Manning & Napier Advisors LLC acquired a new stake in ASML in the third quarter worth approximately $25,000. City Holding Co. bought a new position in ASML during the 3rd quarter valued at $26,000. Binnacle Investments Inc increased its position in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the period. JPL Wealth Management LLC acquired a new position in shares of ASML during the 3rd quarter valued at $34,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of ASML in the 3rd quarter worth $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

Shares of NASDAQ ASML opened at $1,369.62 on Tuesday. The stock’s fifty day simple moving average is $1,394.91 and its 200 day simple moving average is $1,156.77. The stock has a market capitalization of $538.64 billion, a price-to-earnings ratio of 53.04, a PEG ratio of 1.27 and a beta of 1.88. 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 52-week low of $578.51 and a 52-week high of $1,547.22.

ASML Increases Dividend

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

Analyst Ratings Changes

ASML has been the subject of several research analyst reports. KGI Securities set a $1,415.00 price objective on ASML and gave the company an “outperform” rating in a report on Thursday, January 15th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, January 28th. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research report on Tuesday, December 16th. Finally, Zacks Research downgraded shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,475.00.

Check Out Our Latest Stock Analysis on ASML

Key ASML News

Here are the key news stories impacting ASML this week:

ASML Profile

(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.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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