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

Y.D. More Investments Ltd lessened its holdings in shares of ASML Holding (NASDAQ:ASML) by 11.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 8,462 shares of the semiconductor company’s stock after selling 1,041 shares during the period. ASML comprises approximately 1.3% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 21st biggest position. Y.D. More Investments Ltd’s holdings in ASML were worth $6,405,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Carmel Capital Partners LLC raised its holdings in shares of ASML by 200.0% during 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 in the last quarter. Addison Advisors LLC raised its holdings in ASML by 220.0% during the third quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 33 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of ASML by 48.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after buying an additional 15 shares during the last quarter. Catalyst Capital Advisors LLC boosted its stake in shares of ASML by 35.4% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 65 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 17 shares in the last quarter. Finally, Bradley & Co. Private Wealth Management LLC increased its holdings in shares of ASML by 7,300.0% during the 3rd quarter. Bradley & Co. Private Wealth Management LLC now owns 74 shares of the semiconductor company’s stock valued at $44,000 after acquiring an additional 73 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

ASML stock traded down $19.63 during trading hours on Wednesday, hitting $852.84. The stock had a trading volume of 1,289,766 shares, compared to its average volume of 1,229,431. 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 $336.52 billion, a PE ratio of 43.68, a price-to-earnings-growth ratio of 2.27 and a beta of 1.48. The company has a 50-day moving average of $954.49 and a two-hundred day moving average of $811.32. 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be paid a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date is Friday, April 26th. ASML’s dividend payout ratio is 32.53%.

Analysts Set New Price Targets

A number of brokerages have issued reports on ASML. Sanford C. Bernstein decreased their target price on 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 report on Tuesday, January 23rd. They issued an “overweight” rating on the stock. Susquehanna raised their price target on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research report on Friday, January 26th. Evercore ISI assumed coverage on ASML in a research report on Tuesday, April 16th. They set an “outperform” rating for the company. Finally, Kepler Capital Markets raised ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,036.00.

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.