Miller Global Investments LLC Purchases New Stake in ASML Holding N.V. $ASML
by Renee Jackson · The Cerbat GemMiller Global Investments LLC acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 475 shares of the semiconductor company’s stock, valued at approximately $508,000.
Other large investors have also recently bought and sold shares of the company. Capstone Wealth Management Group LLC increased its holdings in shares of ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC boosted its holdings in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after buying an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in ASML by 153.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after buying an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC grew its position in ASML by 1.3% during the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares during the period. Finally, KBC Group NV purchased a new position in ASML in the second quarter valued at about $103,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.
ASML Stock Up 0.8%
Shares of NASDAQ ASML opened at $1,366.39 on Friday. The firm’s 50-day moving average is $1,392.28 and its two-hundred day moving average is $1,142.59. The company has a market capitalization of $537.37 billion, a PE ratio of 52.92, a price-to-earnings-growth ratio of 1.31 and a beta of 1.88. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,547.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79.
ASML Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be paid a $3.1771 dividend. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. This is an increase from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio is currently 25.10%.
Analysts Set New Price Targets
A number of research firms have recently issued reports on ASML. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research report on Friday, January 16th. UBS Group restated a “buy” rating on shares of ASML in a report on Tuesday, March 3rd. KGI Securities set a $1,415.00 price objective on ASML and gave the company an “outperform” rating in a research note on Thursday, January 15th. Grupo Santander cut ASML to an “underperform” rating in a report on Thursday, January 22nd. Finally, Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,475.00.
Read Our Latest Report on ASML
About ASML
ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.
ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.