FNY Investment Advisers LLC Acquires 2,365 Shares of ASML Holding N.V. $ASML

FNY Investment Advisers LLC boosted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 1,751.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,500 shares of the semiconductor company’s stock after acquiring an additional 2,365 shares during the quarter. ASML accounts for 0.8% of FNY Investment Advisers LLC’s portfolio, making the stock its 18th biggest holding. FNY Investment Advisers LLC’s holdings in ASML were worth $2,420,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of ASML. Capital International Investors lifted its position in shares of ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after purchasing an additional 577,448 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of ASML in the third quarter worth about $505,510,000. Regents of The University of California bought a new position in shares of ASML in the third quarter worth about $413,335,000. WCM Investment Management LLC increased its stake in ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after buying an additional 385,502 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in ASML by 75.6% during the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after buying an additional 340,518 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Trading Down 2.4%

NASDAQ:ASML opened at $1,355.17 on Thursday. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,547.22. 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 firm has a market cap of $532.96 billion, a P/E ratio of 52.49, a P/E/G ratio of 1.34 and a beta of 1.88. The firm has a 50-day simple moving average of $1,388.84 and a 200-day simple moving average of $1,141.03.

ASML Increases Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a report on Wednesday, February 25th. Wells Fargo & Company raised their price objective on ASML from $1,450.00 to $1,650.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Finally, Grupo Santander lowered ASML to an “underperform” rating in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.