Atria Investments Inc Has $10.37 Million Position in ASML Holding N.V. $ASML

Atria Investments Inc lessened its position in ASML Holding N.V. (NASDAQ:ASML) by 12.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,712 shares of the semiconductor company’s stock after selling 1,463 shares during the period. Atria Investments Inc’s holdings in ASML were worth $10,370,000 as of its most recent filing with the SEC.

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

ASML Price Performance

Shares of NASDAQ ASML opened at $1,406.87 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. The business has a 50-day moving average of $1,239.65 and a 200-day moving average of $1,025.22. The stock has a market capitalization of $553.29 billion, a price-to-earnings ratio of 54.49, a PEG ratio of 1.63 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.

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 is Monday, April 27th. This represents a $12.71 dividend on an annualized basis 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 currently 24.79%.

Analysts Set New Price Targets

ASML has been the subject of several research analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a report on Friday, January 16th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Wednesday, January 28th. Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Monday, January 12th. Finally, Bank of America increased their price objective on ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,475.00.

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.