ASML Holding N.V. $ASML Shares Bought by MJP Associates Inc. ADV

MJP Associates Inc. ADV grew its position in ASML Holding N.V. (NASDAQ:ASML) by 103.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,111 shares of the semiconductor company’s stock after purchasing an additional 564 shares during the period. MJP Associates Inc. ADV’s holdings in ASML were worth $1,076,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Manning & Napier Advisors LLC purchased a new stake in shares of ASML in the third quarter valued at about $25,000. City Holding Co. purchased a new position in shares of ASML during the 3rd quarter worth approximately $26,000. Princeton Global Asset Management LLC raised its position 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 worth $26,000 after purchasing an additional 20 shares during the last quarter. Binnacle Investments Inc lifted its stake in 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 buying an additional 15 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in ASML during the 2nd quarter valued at $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of ASML stock opened at $1,419.78 on Wednesday. The firm has a market capitalization of $558.37 billion, a price-to-earnings ratio of 54.99, a price-to-earnings-growth ratio of 1.60 and a beta of 1.89. The company has a 50 day moving average price of $1,257.70 and a 200 day moving average price of $1,044.44. ASML Holding N.V. has a one year low of $578.51 and a one year 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.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be given a dividend of $3.1771 per share. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. This is a boost from ASML’s previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. ASML’s dividend payout ratio (DPR) is presently 25.10%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Morgan Stanley reissued an “overweight” rating on shares of ASML in a report on Friday, January 16th. Weiss Ratings downgraded shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, January 26th. Grupo Santander downgraded shares of ASML to an “underperform” rating in a report on Thursday, January 22nd. Finally, Berenberg Bank reissued a “buy” rating on shares of ASML in a research note on Friday, January 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus 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.