Y.D. More Investments Ltd Sells 403 Shares of ASML Holding N.V. $ASML

Y.D. More Investments Ltd lowered its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 15.4% in the 4th quarter, HoldingsChannel reports. The firm owned 2,209 shares of the semiconductor company’s stock after selling 403 shares during the quarter. Y.D. More Investments Ltd’s holdings in ASML were worth $2,363,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Manning & Napier Advisors LLC purchased a new stake in ASML in the third quarter worth $25,000. City Holding Co. purchased a new position in shares of ASML during the 3rd quarter valued at $26,000. Binnacle Investments Inc grew its stake in shares of 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 acquiring an additional 15 shares during the period. JPL Wealth Management LLC purchased a new stake in ASML in the 3rd quarter worth about $34,000. Finally, Wealth Watch Advisors INC bought a new stake in ASML in the 3rd quarter valued at about $34,000. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on ASML. Grupo Santander cut shares of ASML to an “underperform” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research note on Tuesday, March 31st. KGI Securities set a $1,415.00 target price on ASML and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a report on Wednesday, January 28th. Finally, Barclays reiterated a “buy” rating on shares of ASML in a research report on Wednesday, April 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $1,482.50.

ASML Price Performance

ASML opened at $1,317.23 on Monday. The business’s fifty day simple moving average is $1,393.74 and its 200 day simple moving average is $1,189.04. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,547.22. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. The stock has a market cap of $518.04 billion, a PE ratio of 51.02, a P/E/G ratio of 1.27 and a beta of 1.88.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be paid a $3.1771 dividend. This is an increase from ASML’s previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a yield of 1.0%. ASML’s payout ratio is presently 25.10%.

About ASML

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.