Grace & Mercy Foundation Inc. Sells 600 Shares of ASML Holding N.V. $ASML

Grace & Mercy Foundation Inc. trimmed its holdings in ASML Holding N.V. (NASDAQ:ASML) by 40.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 900 shares of the semiconductor company’s stock after selling 600 shares during the quarter. ASML makes up about 0.2% of Grace & Mercy Foundation Inc.’s portfolio, making the stock its 16th biggest position. Grace & Mercy Foundation Inc.’s holdings in ASML were worth $871,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Fisher Asset Management LLC grew its position in ASML by 2.6% in the 3rd quarter. Fisher Asset Management LLC now owns 4,352,596 shares of the semiconductor company’s stock valued at $4,213,705,000 after acquiring an additional 108,342 shares during the last quarter. Capital International Investors lifted its position in shares of ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after purchasing an additional 577,448 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after purchasing an additional 305,435 shares during the last quarter. WCM Investment Management LLC boosted its stake in shares of ASML by 24.9% during the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after purchasing an additional 385,502 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of ASML by 8.3% during the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock valued at $1,805,733,000 after purchasing an additional 142,763 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $1,345.69 on Monday. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,547.22. The business has a 50-day moving average price of $1,380.42 and a 200 day moving average price of $1,130.66. The company has a market capitalization of $529.23 billion, a P/E ratio of 52.12, a PEG ratio of 1.30 and a beta of 1.88. 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 $3.1771 dividend. The ex-dividend date is Monday, April 27th. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio (DPR) is presently 25.10%.

Analysts Set New Price Targets

Several research firms recently commented on ASML. Bank of America raised their price target on shares of ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, January 26th. Wells Fargo & Company raised their target price on shares of ASML from $1,450.00 to $1,650.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Tuesday, January 20th. Finally, UBS Group reiterated a “buy” rating on shares of ASML in a report on Tuesday, March 3rd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,475.00.

About ASML

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.