GF Fund Management CO. LTD. Has $16.85 Million Holdings in ASML Holding N.V. $ASML

GF Fund Management CO. LTD. reduced its position in ASML Holding N.V. (NASDAQ:ASMLFree Report) by 20.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 17,408 shares of the semiconductor company’s stock after selling 4,365 shares during the period. GF Fund Management CO. LTD.’s holdings in ASML were worth $16,853,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of ASML. Manning & Napier Advisors LLC bought a new position in ASML in the third quarter worth about $25,000. Princeton Global Asset Management LLC raised its position in shares of ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 20 shares during the period. City Holding Co. purchased a new position in ASML in the 3rd quarter worth approximately $26,000. Binnacle Investments Inc increased its holdings in shares of ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. bought a new position in shares of ASML during the 2nd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,406.61 on Friday. The company has a market capitalization of $553.19 billion, a PE ratio of 54.48, a price-to-earnings-growth ratio of 1.60 and a beta of 1.89. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,493.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 1.26. The stock has a fifty day moving average of $1,245.79 and a 200-day moving average of $1,032.10.

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 paid a $3.1771 dividend. The ex-dividend date is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. ASML’s dividend payout ratio is currently 25.10%.

Trending Headlines about ASML

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Analysts Set New Price Targets

A number of analysts have weighed in on the company. Wells Fargo & Company increased their target price on ASML from $1,450.00 to $1,650.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. TD Cowen reissued a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Berenberg Bank restated a “buy” rating on shares of ASML in a research report on Friday, January 23rd. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, January 26th. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Wednesday, January 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,475.00.

View Our Latest Report on ASML

ASML 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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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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