Y.D. More Investments Ltd Sells 1,041 Shares of ASML Holding (NASDAQ:ASML)

Y.D. More Investments Ltd lowered its stake in shares of ASML Holding (NASDAQ:ASML) by 11.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,462 shares of the semiconductor company’s stock after selling 1,041 shares during the period. ASML accounts for about 1.3% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 21st largest position. Y.D. More Investments Ltd’s holdings in ASML were worth $6,405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Carmel Capital Partners LLC lifted its position in ASML by 200.0% during the third 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 last quarter. Addison Advisors LLC grew its position in ASML by 220.0% in the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 33 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake 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 acquiring an additional 15 shares during the last quarter. Catalyst Capital Advisors LLC raised its position in ASML by 35.4% during the third quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 17 shares during the period. Finally, Bradley & Co. Private Wealth Management LLC boosted its holdings in shares of ASML by 7,300.0% in the 3rd 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 period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Cantor Fitzgerald started coverage on ASML in a research report on Tuesday, January 23rd. They issued an “overweight” rating for the company. HSBC initiated coverage on shares of ASML in a research note on Thursday, February 22nd. They set a “buy” rating for the company. Sanford C. Bernstein reduced their price objective 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. Susquehanna boosted their target price on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research report on Friday, January 26th. Finally, Raymond James lifted their target price on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Stock Down 2.2 %

Shares of ASML stock traded down $19.63 during trading on Wednesday, hitting $852.84. 1,289,766 shares of the stock traded hands, compared to its average volume of 1,229,431. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The stock’s fifty day simple moving average is $954.49 and its 200 day simple moving average is $811.32. The firm has a market cap of $336.52 billion, a P/E ratio of 43.68, a price-to-earnings-growth ratio of 2.27 and a beta of 1.48. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.63%. ASML’s dividend payout ratio is currently 32.53%.

ASML Company 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.