Vestmark Advisory Solutions Inc. Purchases 482 Shares of ASML Holding (NASDAQ:ASML)

Vestmark Advisory Solutions Inc. boosted its holdings in ASML Holding (NASDAQ:ASML) by 12.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,423 shares of the semiconductor company’s stock after buying an additional 482 shares during the quarter. 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 added to or reduced their stakes in the company. Carmel Capital Partners LLC lifted its holdings in shares of 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 period. Addison Advisors LLC raised its position in ASML by 220.0% during the 3rd 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 lifted its holdings in ASML by 48.4% during the 4th 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 period. Catalyst Capital Advisors LLC grew its position 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 buying an additional 17 shares during the last quarter. Finally, Bradley & Co. Private Wealth Management LLC increased its stake in shares of ASML by 7,300.0% in the third quarter. Bradley & Co. Private Wealth Management LLC now owns 74 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 73 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 3.6 %

ASML stock traded up $31.35 during trading on Friday, hitting $901.63. 1,038,174 shares of the company were exchanged, compared to its average volume of 1,239,902. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The business’s 50 day moving average is $951.12 and its 200 day moving average is $814.09. ASML Holding has a 52 week low of $563.99 and a 52 week high of $1,056.34. The company has a market capitalization of $355.77 billion, a P/E ratio of 46.05, a PEG ratio of 2.17 and a beta of 1.49.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be given a $1.343 dividend. 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 0.60%. ASML’s dividend payout ratio (DPR) is presently 32.53%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Sanford C. Bernstein cut their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. Wells Fargo & Company increased their price objective on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Finally, Raymond James lifted their price objective 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.