Pacific Point Advisors LLC Sells 383 Shares of ASML Holding N.V. $ASML

Pacific Point Advisors LLC cut its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 17.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 1,848 shares of the semiconductor company’s stock after selling 383 shares during the quarter. ASML accounts for 1.0% of Pacific Point Advisors LLC’s portfolio, making the stock its 20th biggest position. Pacific Point Advisors LLC’s holdings in ASML were worth $1,789,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of ASML. Manning & Napier Advisors LLC purchased a new stake in shares of ASML during the third quarter valued at approximately $25,000. Princeton Global Asset Management LLC raised its holdings in ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 20 shares during the last quarter. City Holding Co. purchased a new stake in ASML during the 3rd quarter valued at $26,000. Binnacle Investments Inc grew its holdings in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. purchased a new position in shares of ASML in the second quarter valued at about $30,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Key ASML News

Here are the key news stories impacting ASML this week:

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of research analyst reports. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a report on Monday, February 2nd. Zacks Research raised ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Citigroup restated a “buy” rating on shares of ASML in a report on Tuesday, January 20th. Royal Bank Of Canada lifted their price target on shares of ASML from $1,550.00 to $1,625.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a report on Tuesday, December 16th. Three equities 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 given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,475.00.

View Our Latest Research Report on ASML

ASML Price Performance

Shares of ASML stock opened at $1,406.61 on Friday. The business’s fifty day moving average is $1,245.79 and its 200 day moving average is $1,029.92. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. The stock has a market cap of $553.19 billion, a price-to-earnings ratio of 54.48, a PEG ratio of 1.60 and a beta of 1.89. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,493.47.

ASML Increases Dividend

The firm 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. This represents a $12.71 annualized dividend and a dividend 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 dividend payout ratio (DPR) is 25.10%.

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.

Featured Stories

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASMLFree Report).

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.