900 Shares in ASML Holding N.V. $ASML Bought by Avanda Investment Management Pte. Ltd.

Avanda Investment Management Pte. Ltd. acquired a new position in ASML Holding N.V. (NASDAQ:ASMLFree Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 900 shares of the semiconductor company’s stock, valued at approximately $871,000. ASML comprises 0.7% of Avanda Investment Management Pte. Ltd.’s investment portfolio, making the stock its 18th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Calton & Associates Inc. bought a new position in ASML during the third quarter valued at approximately $270,000. Hardy Reed LLC lifted its holdings in shares of ASML by 17.4% in the 3rd quarter. Hardy Reed LLC now owns 641 shares of the semiconductor company’s stock worth $621,000 after acquiring an additional 95 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of ASML by 5.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 55,494 shares of the semiconductor company’s stock valued at $53,724,000 after purchasing an additional 3,093 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of ASML by 0.3% during the 3rd quarter. HighTower Advisors LLC now owns 118,215 shares of the semiconductor company’s stock valued at $114,470,000 after purchasing an additional 401 shares during the last quarter. Finally, Cidel Asset Management Inc. raised its position in ASML by 2.8% in the 3rd quarter. Cidel Asset Management Inc. now owns 17,551 shares of the semiconductor company’s stock worth $16,991,000 after purchasing an additional 475 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Down 0.0%

ASML opened at $1,406.61 on Friday. 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 $1,493.47. The stock has a market cap of $553.20 billion, a PE ratio of 54.48, a PEG ratio of 1.60 and a beta of 1.89. The business has a 50 day moving average of $1,245.79 and a 200-day moving average of $1,032.10.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be issued a $3.1771 dividend. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. This is a boost from ASML’s previous quarterly dividend of $1.88. The ex-dividend date is Monday, April 27th. ASML’s dividend payout ratio is currently 41.83%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ASML shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Thursday, January 29th. KGI Securities set a $1,415.00 price target on ASML and gave the stock an “outperform” rating in a research note on Thursday, January 15th. TD Cowen reissued a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Rothschild & Co Redburn set a $1,200.00 target price on shares of ASML in a report on Friday, November 7th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $1,475.00.

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Key ASML News

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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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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