Coldstream Capital Management Inc. Purchases 985 Shares of ASML Holding N.V. $ASML

Coldstream Capital Management Inc. boosted its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 31.8% in the third quarter, HoldingsChannel reports. The fund owned 4,083 shares of the semiconductor company’s stock after purchasing an additional 985 shares during the quarter. Coldstream Capital Management Inc.’s holdings in ASML were worth $3,953,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Manning & Napier Advisors LLC purchased a new stake in shares of ASML during the 3rd quarter valued at $25,000. City Holding Co. acquired a new stake in shares of ASML in the 3rd quarter worth $26,000. Binnacle Investments Inc grew its stake in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares during the last quarter. JPL Wealth Management LLC acquired a new position in ASML during the 3rd quarter valued at about $34,000. Finally, Wealth Watch Advisors INC purchased a new stake in ASML in the third quarter valued at about $34,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Down 2.4%

ASML stock opened at $1,355.17 on Thursday. The business’s 50-day simple moving average is $1,388.84 and its two-hundred day simple moving average is $1,141.03. 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 market cap of $532.96 billion, a PE ratio of 52.49, a PEG ratio of 1.34 and a beta of 1.88. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,547.22.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be given a $3.1771 dividend. 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 yield of 0.9%. The ex-dividend date is Monday, April 27th. ASML’s payout ratio is currently 25.10%.

Analyst Upgrades and Downgrades

ASML has been the subject of several recent analyst reports. Grupo Santander downgraded ASML to an “underperform” rating in a report on Thursday, January 22nd. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a report on Tuesday, December 16th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, January 23rd. UBS Group reissued a “buy” rating on shares of ASML in a research report on Tuesday, March 3rd. Finally, KGI Securities set a $1,415.00 price target on shares of ASML and gave the company an “outperform” rating in a research note on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company 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.