ASML Holding N.V. $ASML Shares Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 132.5% during the 3rd quarter, Holdings Channel reports. The fund owned 2,392 shares of the semiconductor company’s stock after buying an additional 1,363 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in ASML were worth $2,316,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. WCM Investment Management LLC grew its stake in shares of ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after buying an additional 385,502 shares during the period. Fisher Asset Management LLC lifted its holdings in ASML by 6.3% in the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after acquiring an additional 250,934 shares during the last quarter. Acadian Asset Management LLC grew its position in ASML by 114.3% in the second quarter. Acadian Asset Management LLC now owns 329,878 shares of the semiconductor company’s stock worth $264,333,000 after acquiring an additional 175,939 shares during the period. Rafferty Asset Management LLC increased its stake in ASML by 32.4% during the second quarter. Rafferty Asset Management LLC now owns 413,280 shares of the semiconductor company’s stock worth $331,198,000 after acquiring an additional 101,041 shares during the last quarter. Finally, Marshall Wace LLP raised its position in ASML by 1,638.6% in the second quarter. Marshall Wace LLP now owns 75,928 shares of the semiconductor company’s stock valued at $60,848,000 after purchasing an additional 80,863 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the topic of several recent analyst reports. HSBC reaffirmed a “buy” rating on shares of ASML in a research note on Friday, October 17th. Wells Fargo & Company upped their target price on shares of ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. DZ Bank reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Citigroup reissued a “buy” rating on shares of ASML in a research note on Tuesday, January 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Thursday, January 29th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $1,475.00.

ASML Trading Up 0.8%

Shares of ASML stock opened at $1,350.16 on Friday. The stock has a market capitalization of $531.00 billion, a P/E ratio of 52.29, a price-to-earnings-growth ratio of 1.54 and a beta of 1.89. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,493.47. 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 company has a 50 day moving average price of $1,207.75 and a 200 day moving average price of $1,000.78.

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. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. ASML’s dividend payout ratio is currently 24.79%.

ASML 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.