Transcend Capital Advisors LLC Acquires 15 Shares of ASML Holding (NASDAQ:ASML)

Transcend Capital Advisors LLC lifted its position in ASML Holding (NASDAQ:ASML) by 3.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 407 shares of the semiconductor company’s stock after purchasing an additional 15 shares during the period. Transcend Capital Advisors LLC’s holdings in ASML were worth $308,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Townsquare Capital LLC boosted its holdings in ASML by 11.5% in the third quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock valued at $5,013,000 after acquiring an additional 881 shares in the last quarter. Savoie Capital LLC bought a new position in ASML in the third quarter worth about $14,658,000. International Assets Investment Management LLC lifted its holdings in ASML by 48,040.7% in the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock worth $186,202,000 after buying an additional 245,488 shares during the period. CenterBook Partners LP boosted its position in ASML by 69.2% during the 3rd quarter. CenterBook Partners LP now owns 11,529 shares of the semiconductor company’s stock valued at $6,787,000 after acquiring an additional 4,716 shares in the last quarter. Finally, Meitav Investment House Ltd. grew its holdings in shares of ASML by 219.0% during the 4th quarter. Meitav Investment House Ltd. now owns 3,158 shares of the semiconductor company’s stock worth $2,195,000 after acquiring an additional 2,168 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML opened at $909.77 on Tuesday. ASML Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34. The company has a market capitalization of $358.99 billion, a P/E ratio of 46.46, a price-to-earnings-growth ratio of 2.29 and a beta of 1.49. The firm has a 50 day moving average of $955.23 and a 200 day moving average of $809.40. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be paid a $1.343 dividend. This represents a $5.37 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio is currently 32.99%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Wells Fargo & Company lifted their price target on ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Sanford C. Bernstein dropped their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Raymond James increased their price target on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 25th. Susquehanna upped their price objective on shares of ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a report on Friday, January 26th. Finally, Evercore ISI assumed coverage on shares of ASML in a report on Tuesday, April 16th. They set an “outperform” rating for the company. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,036.00.

ASML Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.