ASML Holding (NASDAQ:ASML) Shares Purchased by KP Management LLC

KP Management LLC boosted its holdings in shares of ASML Holding (NASDAQ:ASML) by 70.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,500 shares of the semiconductor company’s stock after acquiring an additional 3,500 shares during the period. ASML accounts for approximately 2.3% of KP Management LLC’s investment portfolio, making the stock its 11th biggest position. KP Management LLC’s holdings in ASML were worth $7,083,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Mercer Global Advisors Inc. ADV boosted its position in shares of ASML by 4,379.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock valued at $910,102,000 after acquiring an additional 870,010 shares during the last quarter. Jennison Associates LLC boosted its holdings in ASML by 50.0% in the 1st quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company’s stock valued at $1,668,386,000 after purchasing an additional 572,996 shares during the last quarter. Fayez Sarofim & Co purchased a new stake in shares of ASML in the 1st quarter valued at approximately $542,710,000. International Assets Investment Management LLC increased its holdings in shares of ASML by 94,079.7% during the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock worth $4,096,410,000 after buying an additional 491,096 shares during the last quarter. Finally, GQG Partners LLC raised its position in shares of ASML by 21.6% during the 1st quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company’s stock valued at $1,608,921,000 after buying an additional 294,784 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Up 0.0 %

Shares of ASML stock opened at $712.00 on Monday. ASML Holding has a fifty-two week low of $582.48 and a fifty-two week high of $1,110.09. The company has a 50 day moving average price of $816.78 and a 200 day moving average price of $906.42. The stock has a market capitalization of $280.95 billion, a P/E ratio of 36.35, a price-to-earnings-growth ratio of 2.08 and a beta of 1.48. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Investors of record on Tuesday, October 29th will be issued a $1.407 dividend. The ex-dividend date of this dividend is Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.79%. ASML’s dividend payout ratio (DPR) is presently 28.70%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ASML. JPMorgan Chase & Co. cut their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Sanford C. Bernstein lowered their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research note on Monday, October 21st. Susquehanna dropped their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Finally, Wells Fargo & Company decreased their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $970.60.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.