CenterBook Partners LP Has $13.31 Million Stock Position in ASML Holding N.V. $ASML

CenterBook Partners LP grew its position in ASML Holding N.V. (NASDAQ:ASML) by 65.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,746 shares of the semiconductor company’s stock after acquiring an additional 5,440 shares during the quarter. ASML accounts for about 0.7% of CenterBook Partners LP’s holdings, making the stock its 28th largest position. CenterBook Partners LP’s holdings in ASML were worth $13,307,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of ASML. Telos Capital Management Inc. raised its stake in shares of ASML by 4.5% in the 3rd quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock valued at $10,504,000 after buying an additional 463 shares in the last quarter. Daymark Wealth Partners LLC increased its stake in ASML by 25.3% in the second quarter. Daymark Wealth Partners LLC now owns 4,664 shares of the semiconductor company’s stock valued at $3,738,000 after acquiring an additional 941 shares during the period. Regents of The University of California acquired a new position in ASML in the third quarter worth about $413,335,000. Transcendent Capital Group LLC bought a new position in ASML during the third quarter worth about $680,000. Finally, Principal Financial Group Inc. lifted its stake in ASML by 34.5% during the third quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after purchasing an additional 4,001 shares during the period. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ASML shares. Cantor Fitzgerald reiterated an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Tuesday, January 20th. Rothschild & Co Redburn set a $1,200.00 price objective on ASML in a report on Friday, November 7th. Sanford C. Bernstein set a $1,911.00 target price on shares of ASML in a research note on Thursday, January 29th. Finally, Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Three 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 given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,475.00.

ASML Price Performance

ASML opened at $1,419.78 on Wednesday. The company has a fifty day moving average price of $1,257.70 and a two-hundred day moving average price of $1,044.44. The firm has a market capitalization of $558.37 billion, a PE ratio of 54.99, a P/E/G ratio of 1.60 and a beta of 1.89. ASML Holding N.V. has a 52 week low of $578.51 and a 52 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.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be issued a $3.1771 dividend. This is a boost from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, April 27th. ASML’s dividend payout ratio is currently 25.10%.

About ASML

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.