7,933 Shares in ASML Holding N.V. $ASML Acquired by Quantitative Investment Management LLC

Quantitative Investment Management LLC bought a new position in ASML Holding N.V. (NASDAQ:ASML) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 7,933 shares of the semiconductor company’s stock, valued at approximately $7,679,000. ASML makes up approximately 1.1% of Quantitative Investment Management LLC’s investment portfolio, making the stock its 22nd biggest holding.

Other large investors have also recently bought and sold shares of the company. Fisher Asset Management LLC increased its holdings in shares of ASML by 2.6% in the third quarter. Fisher Asset Management LLC now owns 4,352,596 shares of the semiconductor company’s stock worth $4,213,705,000 after purchasing an additional 108,342 shares during the period. Capital International Investors boosted its stake in ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares during the period. Van ECK Associates Corp boosted its stake in ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after buying an additional 305,435 shares during the period. WCM Investment Management LLC grew its position in ASML by 24.9% during the third 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 in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in ASML by 4.1% during the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after buying an additional 38,660 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Trading Down 2.5%

Shares of ASML stock opened at $1,351.58 on Friday. The business has a 50-day moving average price of $1,376.78 and a two-hundred day moving average price of $1,121.49. 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 quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. The firm has a market cap of $531.55 billion, a P/E ratio of 52.35, a price-to-earnings-growth ratio of 1.34 and a beta of 1.88.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be given a $3.1771 dividend. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. ASML’s dividend payout ratio is presently 25.10%.

Analysts Set New Price Targets

Several research firms have weighed in on ASML. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a report on Monday, February 2nd. UBS Group reissued a “buy” rating on shares of ASML in a report on Tuesday, March 3rd. TD Cowen restated a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Royal Bank Of Canada upped their price objective on shares of ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Finally, Grupo Santander downgraded shares of ASML to an “underperform” rating in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,475.00.

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.