Mindset Wealth Management LLC Takes $365,000 Position in ASML Holding N.V. $ASML

Mindset Wealth Management LLC bought a new position in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 377 shares of the semiconductor company’s stock, valued at approximately $365,000.

Other hedge funds have also added to or reduced their stakes in the company. Telos Capital Management Inc. increased its holdings in shares of ASML by 4.5% during the third quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock worth $10,504,000 after purchasing an additional 463 shares during the period. Regents of The University of California bought a new stake in shares of ASML in the third quarter valued at approximately $413,335,000. Dimensional Fund Advisors LP boosted its stake 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 valued at $959,180,000 after buying an additional 38,660 shares during the period. Transcendent Capital Group LLC acquired a new stake in ASML during the third quarter worth approximately $680,000. Finally, Principal Financial Group Inc. increased its stake in ASML by 34.5% during the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after acquiring an additional 4,001 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Up 2.2%

NASDAQ ASML opened at $1,375.56 on Tuesday. The business has a fifty day moving average price of $1,383.36 and a two-hundred day moving average price of $1,134.97. The stock has a market capitalization of $540.98 billion, a PE ratio of 53.28, a PEG ratio of 1.30 and a beta of 1.88. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,547.22. 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 firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be issued a dividend of $3.1771 per share. This is an increase from ASML’s previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. ASML’s payout ratio is presently 25.10%.

ASML News Roundup

Here are the key news stories impacting ASML this week:

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Santander cut ASML from a “neutral” rating to an “underperform” rating in a report on Thursday, January 22nd. KGI Securities set a $1,415.00 target price on ASML and gave the stock an “outperform” rating in a report on Thursday, January 15th. Wells Fargo & Company raised their price target on ASML from $1,450.00 to $1,650.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research note on Friday, January 16th. Finally, Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have assigned 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 an average target price of $1,475.00.

View Our Latest Report on ASML

ASML Company 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.

Featured Stories

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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