ASML Holding (NASDAQ:ASML) Shares Bought by Sage Rhino Capital LLC

Sage Rhino Capital LLC raised its stake in ASML Holding (NASDAQ:ASML) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,298 shares of the semiconductor company’s stock after acquiring an additional 40 shares during the quarter. Sage Rhino Capital LLC’s holdings in ASML were worth $982,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Van ECK Associates Corp increased its stake in ASML by 34.6% in the third quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock valued at $628,344,000 after purchasing an additional 274,562 shares during the last quarter. International Assets Investment Management LLC increased its stake in ASML by 48,040.7% in the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after purchasing an additional 245,488 shares during the last quarter. Barclays PLC increased its stake in ASML by 106.5% in the third quarter. Barclays PLC now owns 336,956 shares of the semiconductor company’s stock valued at $198,353,000 after purchasing an additional 173,813 shares during the last quarter. Jennison Associates LLC increased its stake in ASML by 15.3% in the fourth quarter. Jennison Associates LLC now owns 1,146,157 shares of the semiconductor company’s stock valued at $867,549,000 after purchasing an additional 151,844 shares during the last quarter. Finally, FMR LLC increased its stake in ASML by 3.6% in the third quarter. FMR LLC now owns 3,607,702 shares of the semiconductor company’s stock valued at $2,123,710,000 after purchasing an additional 126,413 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ASML shares. Cantor Fitzgerald started coverage on ASML in a research note on Tuesday, January 23rd. They set an “overweight” rating for the company. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Wells Fargo & Company upped their price target on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Evercore ISI started coverage on ASML in a research note on Tuesday, April 16th. They set an “outperform” rating for the company. Finally, Susquehanna upped their price target on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research note on Friday, January 26th. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,036.00.

ASML Stock Down 4.1 %

Shares of NASDAQ ASML traded down $37.30 on Tuesday, hitting $872.47. The company had a trading volume of 1,092,577 shares, compared to its average volume of 1,228,772. The firm has a market capitalization of $344.27 billion, a P/E ratio of 45.85, a PEG ratio of 2.29 and a beta of 1.49. ASML Holding has a 12-month low of $563.99 and a 12-month high of $1,056.34. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The business has a 50 day moving average of $955.23 and a two-hundred day moving average of $809.40.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be issued a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio is currently 32.99%.

ASML 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.