China Universal Asset Management Co. Ltd. Buys 447 Shares of ASML Holding N.V. $ASML

by · The Cerbat Gem

China Universal Asset Management Co. Ltd. raised its stake in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 17.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,984 shares of the semiconductor company’s stock after buying an additional 447 shares during the period. China Universal Asset Management Co. Ltd.’s holdings in ASML were worth $3,192,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ASML. Capital International Investors increased its holdings in shares of ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after buying an additional 577,448 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of ASML in the 3rd quarter worth $505,510,000. Regents of The University of California bought a new position in shares of ASML in the 3rd quarter worth $413,335,000. WCM Investment Management LLC increased its holdings in shares of ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after buying an additional 385,502 shares during the last quarter. Finally, Alliancebernstein L.P. increased its holdings in shares of ASML by 75.6% in the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after buying an additional 340,518 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the topic of a number of research analyst reports. Susquehanna reissued a “positive” rating on shares of ASML in a report on Thursday, April 9th. Santander lowered shares of ASML from a “neutral” rating to an “underperform” rating in a report on Thursday, January 22nd. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Thursday, April 16th. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $1,750.00 target price on shares of ASML in a report on Thursday, April 16th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,504.38.

View Our Latest Stock Report on ASML

ASML Trading Down 1.8%

Shares of ASML stock opened at $1,417.80 on Friday. The stock has a market capitalization of $557.59 billion, a PE ratio of 50.85, a P/E/G ratio of 1.46 and a beta of 1.88. ASML Holding N.V. has a 1-year low of $651.46 and a 1-year high of $1,547.22. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The business has a 50-day moving average of $1,400.38 and a 200 day moving average of $1,231.56.

ASML Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be issued a $3.1771 dividend. This is a boost from ASML’s previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. ASML’s payout ratio is 23.24%.

ASML News Summary

Here are the key news stories impacting ASML this week:

ASML Company Profile

(Free Report)

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.

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