UNICOM Systems Inc. bought a new stake in shares of ASML Holding (NASDAQ:ASML – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 34,000 shares of the semiconductor company’s stock, valued at approximately $23,565,000. ASML makes up 5.7% of UNICOM Systems Inc.’s portfolio, making the stock its 4th largest position.
Several other hedge funds have also recently bought and sold shares of ASML. Fisher Asset Management LLC boosted its stake in ASML by 1.0% in the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after acquiring an additional 31,879 shares during the last quarter. Edgewood Management LLC lifted its stake in shares of ASML by 3.3% in the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after purchasing an additional 70,776 shares during the period. Van ECK Associates Corp grew its stake in shares of ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after purchasing an additional 474,653 shares during the period. Windacre Partnership LLC increased its holdings in ASML by 4.0% in the third quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after purchasing an additional 25,600 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in ASML by 94,079.7% in the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after buying an additional 491,096 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Trading Up 2.3 %
NASDAQ ASML opened at $744.08 on Tuesday. The stock has a 50 day moving average of $725.13 and a 200-day moving average of $766.07. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a market cap of $292.74 billion, a PE ratio of 35.77, a PEG ratio of 1.63 and a beta of 1.47. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.
ASML Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be paid a $1.5855 dividend. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s payout ratio is 26.83%.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on ASML. Sanford C. Bernstein decreased their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. reduced their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, BNP Paribas started coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $937.00.
View Our Latest Analysis on ASML
ASML Company 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.
Featured Stories
- Five stocks we like better than ASML
- Russell 2000 Index, How Investors Use it For Profitable Trading
- 3 Undervalued Stocks You Don’t Want to Overlook
- P/E Ratio Calculation: How to Assess Stocks
- Fintech vs. Traditional Finance: Showdown of Nu, SoFi, and Chubb
- Do ETFs Pay Dividends? What You Need to Know
- Onsemi Stock: Signs Point to a Powerful Rebound
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.