ASML Holding N.V. $ASML Position Reduced by TD Asset Management Inc

TD Asset Management Inc reduced its position in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 6.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,211 shares of the semiconductor company’s stock after selling 2,462 shares during the quarter. TD Asset Management Inc’s holdings in ASML were worth $33,119,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. HBK Sorce Advisory LLC grew its holdings in ASML by 1.0% during the third quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock worth $1,067,000 after acquiring an additional 10 shares during the period. Albion Financial Group UT boosted its position in shares of ASML by 27.8% during the 3rd quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 10 shares in the last quarter. Global Assets Advisory LLC grew its stake in shares of ASML by 2.3% in the 3rd quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock worth $438,000 after purchasing an additional 10 shares during the last quarter. State of Wyoming raised its holdings in shares of ASML by 4.2% in the 3rd quarter. State of Wyoming now owns 247 shares of the semiconductor company’s stock worth $239,000 after purchasing an additional 10 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in ASML by 3.0% during the third quarter. Wealthcare Advisory Partners LLC now owns 345 shares of the semiconductor company’s stock valued at $334,000 after purchasing an additional 10 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ASML shares. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Tuesday, January 20th. Royal Bank Of Canada boosted their target price on ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Santander lowered ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a report on Wednesday. Finally, Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, January 26th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,475.00.

Read Our Latest Stock Analysis on ASML

ASML Price Performance

NASDAQ ASML opened at $1,450.56 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. The firm has a market capitalization of $570.48 billion, a price-to-earnings ratio of 56.18, a price-to-earnings-growth ratio of 1.66 and a beta of 1.89. The company has a 50 day simple moving average of $1,322.24 and a 200-day simple moving average of $1,082.61. 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 announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be given a $3.1771 dividend. This represents a $12.71 dividend on an annualized basis and a 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 payout ratio is currently 41.83%.

Trending Headlines about ASML

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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.

See Also

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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