Cache Advisors LLC Purchases Shares of 1,000 ASML Holding N.V. $ASML

Cache Advisors LLC purchased a new stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,000 shares of the semiconductor company’s stock, valued at approximately $1,070,000.

Other institutional investors have also made changes to their positions in the company. Manning & Napier Advisors LLC acquired a new stake in shares of ASML during the third quarter valued at about $25,000. City Holding Co. acquired a new stake in shares of ASML during the third quarter valued at about $26,000. Binnacle Investments Inc increased its position in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in shares of ASML during the third quarter valued at about $34,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of ASML during the third quarter valued at about $34,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 8.8%

Shares of NASDAQ:ASML opened at $1,421.05 on Thursday. The company has a market capitalization of $558.87 billion, a PE ratio of 55.04, a P/E/G ratio of 1.27 and a beta of 1.88. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a twelve month low of $606.86 and a twelve month high of $1,547.22. The firm has a 50 day simple moving average of $1,388.56 and a 200-day simple moving average of $1,195.91.

ASML Increases Dividend

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

Analysts Set New Price Targets

Several research firms have recently commented on ASML. Santander lowered shares of ASML from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 22nd. Susquehanna reissued a “positive” rating on shares of ASML in a research note on Monday, January 12th. Weiss Ratings raised shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Sanford C. Bernstein raised their price objective on shares of ASML to $1,971.00 and gave the company a “buy” rating in a research note on Thursday, March 26th. Finally, Wells Fargo & Company raised their price objective on shares of ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,482.50.

Read Our Latest Stock Report on ASML

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About ASML

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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