Vestmark Advisory Solutions Inc. Has $3.35 Million Stock Position in ASML Holding (NASDAQ:ASML)

Vestmark Advisory Solutions Inc. increased its holdings in ASML Holding (NASDAQ:ASML) by 12.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,423 shares of the semiconductor company’s stock after acquiring an additional 482 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in ASML were worth $3,348,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Townsquare Capital LLC lifted its stake in ASML by 11.5% in the 3rd quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock worth $5,013,000 after acquiring an additional 881 shares in the last quarter. Savoie Capital LLC purchased a new stake in ASML in the 3rd quarter worth about $14,658,000. International Assets Investment Management LLC lifted its stake in ASML by 48,040.7% in the 4th quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock worth $186,202,000 after acquiring an additional 245,488 shares in the last quarter. CenterBook Partners LP lifted its stake in ASML by 69.2% in the 3rd quarter. CenterBook Partners LP now owns 11,529 shares of the semiconductor company’s stock worth $6,787,000 after acquiring an additional 4,716 shares in the last quarter. Finally, Meitav Investment House Ltd. lifted its stake in ASML by 219.0% in the 4th quarter. Meitav Investment House Ltd. now owns 3,158 shares of the semiconductor company’s stock worth $2,195,000 after acquiring an additional 2,168 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on ASML. Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. Wells Fargo & Company raised 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. Redburn Atlantic raised ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Sanford C. Bernstein cut their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research note on Friday, April 12th. Finally, Evercore ISI began coverage on ASML in a research note 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 issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Stock Performance

ASML traded up $31.35 during midday trading on Friday, reaching $901.63. The company’s stock had a trading volume of 1,038,174 shares, compared to its average volume of 1,239,902. The stock has a market cap of $355.77 billion, a P/E ratio of 46.05, a PEG ratio of 2.17 and a beta of 1.49. The company has a fifty day simple moving average of $951.12 and a 200 day simple moving average of $814.09. 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 Holding has a twelve month low of $563.99 and a twelve month high of $1,056.34.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders 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 0.60%. The ex-dividend date of this dividend is Friday, April 26th. ASML’s dividend payout ratio (DPR) 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.