Goldstream Capital Management Ltd Has $83,000 Stock Position in ASML Holding (NASDAQ:ASML)

Goldstream Capital Management Ltd lessened its holdings in shares of ASML Holding (NASDAQ:ASML) by 51.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 110 shares of the semiconductor company’s stock after selling 115 shares during the quarter. ASML accounts for approximately 0.1% of Goldstream Capital Management Ltd’s holdings, making the stock its 20th largest holding. Goldstream Capital Management Ltd’s holdings in ASML were worth $83,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Carmel Capital Partners LLC raised its stake in shares of ASML by 200.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 30 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in shares of ASML by 48.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 15 shares in the last quarter. Addison Advisors LLC grew its holdings in shares of ASML by 220.0% in the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 33 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of ASML in the 4th quarter valued at about $44,000. Finally, Catalyst Capital Advisors LLC grew its holdings in shares of ASML by 35.4% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 17 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ASML shares. Wells Fargo & Company lifted their price target on ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Raymond James lifted their price target on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 25th. Sanford C. Bernstein cut their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Cantor Fitzgerald began coverage on shares of ASML in a research report on Tuesday, January 23rd. They set an “overweight” rating for the company. Finally, Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They set an “outperform” rating for the company. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,036.00.

ASML Price Performance

Shares of NASDAQ ASML traded up $17.44 during midday trading on Thursday, reaching $870.28. The company’s stock had a trading volume of 846,615 shares, compared to its average volume of 1,227,038. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $1,056.34. The company has a market cap of $343.40 billion, a P/E ratio of 44.36, a P/E/G ratio of 2.17 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The business’s 50 day moving average price is $953.38 and its two-hundred day moving average price is $811.61.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be paid a dividend of $1.343 per share. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.62%. ASML’s payout ratio is presently 32.53%.

About ASML

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.