South Shore Capital Advisors Purchases New Position in ASML Holding N.V. $ASML

South Shore Capital Advisors purchased a new stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 1,156 shares of the semiconductor company’s stock, valued at approximately $1,238,000. ASML makes up approximately 0.9% of South Shore Capital Advisors’ portfolio, making the stock its 22nd biggest position.

A number of other institutional investors also recently modified their holdings of the business. Sky Investment Group LLC lifted its stake in shares of ASML by 2.1% during the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after buying an additional 8 shares in the last quarter. BOS Asset Management LLC lifted its stake in shares of ASML by 2.4% during the 4th quarter. BOS Asset Management LLC now owns 377 shares of the semiconductor company’s stock valued at $403,000 after buying an additional 9 shares in the last quarter. HBK Sorce Advisory LLC lifted its stake in shares of ASML by 1.0% during the 3rd quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock valued at $1,067,000 after buying an additional 10 shares in the last quarter. Albion Financial Group UT lifted its stake 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 buying an additional 10 shares in the last quarter. Finally, Global Assets Advisory LLC lifted its stake in shares of ASML by 2.3% during the 3rd quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock valued at $438,000 after buying an additional 10 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML News Roundup

Here are the key news stories impacting ASML this week:

ASML Stock Performance

ASML stock opened at $1,304.01 on Tuesday. The firm’s fifty day moving average price is $1,391.56 and its 200-day moving average price is $1,191.69. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. The stock has a market cap of $512.84 billion, a P/E ratio of 50.50, a price-to-earnings-growth ratio of 1.27 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.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be given a dividend of $3.1771 per share. This is an increase from ASML’s previous quarterly dividend of $1.88. The ex-dividend date is Monday, April 27th. This represents a $12.71 annualized dividend and a dividend yield of 1.0%. ASML’s dividend payout ratio is 25.10%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Santander cut shares of ASML from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 22nd. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Sanford C. Bernstein increased their target price on shares of ASML to $1,971.00 and gave the stock a “buy” rating in a research note on Thursday, March 26th. Finally, Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus target price of $1,482.50.

Read Our Latest Report on ASML

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.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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