Miller Global Investments LLC Takes $508,000 Position in ASML Holding N.V. $ASML

Miller Global Investments LLC acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 475 shares of the semiconductor company’s stock, valued at approximately $508,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ASML. Capital International Investors raised its stake in ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after purchasing an additional 577,448 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of ASML during the 3rd quarter worth about $505,510,000. Regents of The University of California purchased a new stake in shares of ASML during the third quarter worth about $413,335,000. WCM Investment Management LLC grew its holdings 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 worth $1,861,445,000 after buying an additional 385,502 shares in the last quarter. Finally, Alliancebernstein L.P. raised its position in shares of ASML by 75.6% in the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after buying an additional 340,518 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $1,366.39 on Friday. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,547.22. 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 firm has a 50 day moving average price of $1,392.28 and a 200 day moving average price of $1,142.59. The company has a market cap of $537.37 billion, a price-to-earnings ratio of 52.92, a PEG ratio of 1.31 and a beta of 1.88.

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 paid a dividend of $3.1771 per share. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. This is a boost from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio is presently 25.10%.

Analyst Upgrades and Downgrades

ASML has been the topic of several recent analyst reports. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research note on Monday, February 2nd. Grupo Santander downgraded ASML to an “underperform” rating in a report on Thursday, January 22nd. Bank of America increased their price target on ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. UBS Group restated a “buy” rating on shares of ASML in a report on Tuesday, March 3rd. Finally, Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,475.00.

ASML Company Profile

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.