Clear Street Group Inc. Takes $23.41 Million Position in ASML Holding N.V. $ASML

Clear Street Group Inc. bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 24,176 shares of the semiconductor company’s stock, valued at approximately $23,405,000.

Other hedge funds also recently modified their holdings of the company. HBK Sorce Advisory LLC lifted its position in ASML by 1.0% during the third quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock worth $1,067,000 after purchasing an additional 10 shares during the period. Albion Financial Group UT increased its holdings in ASML by 27.8% in the 3rd quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock valued at $45,000 after buying an additional 10 shares during the period. Global Assets Advisory LLC increased its holdings in ASML by 2.3% in the 3rd quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock valued at $438,000 after buying an additional 10 shares during the period. State of Wyoming raised its position in shares of ASML by 4.2% in the 3rd quarter. State of Wyoming now owns 247 shares of the semiconductor company’s stock valued at $239,000 after buying an additional 10 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in shares of ASML by 3.0% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 345 shares of the semiconductor company’s stock valued at $334,000 after buying an additional 10 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on ASML shares. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Royal Bank Of Canada boosted their price objective on shares of ASML from $1,550.00 to $1,625.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research note on Monday, February 2nd. Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Monday, January 12th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a research note on Tuesday, January 20th. Two investment 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,475.00.

ASML Trading Down 0.4%

Shares of ASML stock opened at $1,345.69 on Friday. The firm’s 50 day moving average is $1,380.42 and its 200 day moving average is $1,128.13. The firm has a market capitalization of $529.24 billion, a PE ratio of 52.12, a price-to-earnings-growth ratio of 1.30 and a beta of 1.88. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,547.22. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be paid a dividend of $3.1771 per share. The ex-dividend date of this dividend is Monday, April 27th. This is a boost 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 payout ratio is presently 41.83%.

ASML Profile

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.