ASML Holding (NASDAQ:ASML) Shares Purchased by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 43.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,682 shares of the semiconductor company’s stock after buying an additional 22,309 shares during the quarter. ASML accounts for about 3.1% of Alpha Cubed Investments LLC’s holdings, making the stock its 6th biggest position. Alpha Cubed Investments LLC’s holdings in ASML were worth $55,771,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Carmel Capital Partners LLC boosted its holdings in ASML by 200.0% during the third quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 30 shares during the last quarter. Addison Advisors LLC boosted its holdings in ASML by 220.0% during the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 33 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in ASML by 48.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 15 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in ASML by 35.4% during the third quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 17 shares during the last quarter. Finally, Bradley & Co. Private Wealth Management LLC boosted its holdings in ASML by 7,300.0% during the third quarter. Bradley & Co. Private Wealth Management LLC now owns 74 shares of the semiconductor company’s stock worth $44,000 after purchasing an additional 73 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Cantor Fitzgerald started coverage on shares of ASML in a research report on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Wells Fargo & Company boosted their price target on shares of ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Sanford C. Bernstein lowered their price target on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Finally, Evercore ISI started coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Price Performance

NASDAQ:ASML traded down $37.30 during mid-day trading on Tuesday, hitting $872.47. 1,092,577 shares of the stock traded hands, compared to its average volume of 1,228,772. The business’s 50-day moving average price is $955.23 and its 200 day moving average price is $809.40. The company has a market cap of $344.27 billion, a PE ratio of 45.85, a price-to-earnings-growth 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.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be paid a dividend of $1.343 per share. The ex-dividend date is Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.62%. 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.