ASML Holding N.V. $ASML Position Cut by FNY Investment Advisers LLC

FNY Investment Advisers LLC decreased its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 45.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,356 shares of the semiconductor company’s stock after selling 1,144 shares during the quarter. FNY Investment Advisers LLC’s holdings in ASML were worth $1,450,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Manning & Napier Advisors LLC bought a new stake in ASML in the 3rd quarter valued at about $25,000. City Holding Co. acquired a new position in ASML during the 3rd quarter valued at about $26,000. Binnacle Investments Inc grew its position in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in shares of ASML in the third quarter valued at approximately $34,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of ASML in the third quarter valued at approximately $34,000. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ ASML opened at $1,317.23 on Friday. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,547.22. 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 firm has a market capitalization of $518.04 billion, a PE ratio of 51.02, a P/E/G ratio of 1.31 and a beta of 1.88. The company’s 50 day simple moving average is $1,395.18 and its 200 day simple moving average is $1,181.56.

ASML Increases Dividend

The company also recently declared 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 a boost from ASML’s previous quarterly dividend of $1.88. The ex-dividend date is Monday, April 27th. This represents a $12.71 annualized dividend and a dividend yield of 1.0%. ASML’s payout ratio is 25.10%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Wells Fargo & Company boosted their price objective on ASML from $1,450.00 to $1,650.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Monday, January 12th. Cantor Fitzgerald reissued an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Finally, Sanford C. Bernstein raised their price target on ASML to $1,971.00 and gave the company a “buy” rating in a report on Thursday, March 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have issued 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 target price of $1,482.50.

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.