J. Safra Sarasin Holding AG Invests $455,000 in ASML Holding N.V. $ASML

J. Safra Sarasin Holding AG acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) during the 4th quarter, Holdings Channel reports. The fund acquired 425 shares of the semiconductor company’s stock, valued at approximately $455,000.

Other hedge funds also recently bought and sold shares of the company. Telos Capital Management Inc. grew its stake in ASML by 4.5% during the third quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock valued at $10,504,000 after acquiring an additional 463 shares in the last quarter. Regents of The University of California purchased a new stake in ASML in the 3rd quarter worth $413,335,000. Dimensional Fund Advisors LP lifted its stake in ASML by 4.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after purchasing an additional 38,660 shares in the last quarter. Transcendent Capital Group LLC bought a new position in shares of ASML during the 3rd quarter valued at about $680,000. Finally, Principal Financial Group Inc. boosted its holdings in shares of ASML by 34.5% during the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after purchasing an additional 4,001 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ASML shares. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a report on Tuesday, December 16th. Wells Fargo & Company increased their price target on ASML from $1,450.00 to $1,650.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. TD Cowen reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Monday, January 12th. Finally, Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, January 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,482.50.

ASML Price Performance

Shares of ASML stock opened at $1,317.23 on Friday. The stock has a market cap of $518.04 billion, a price-to-earnings ratio of 51.02, a price-to-earnings-growth ratio of 1.31 and a beta of 1.88. 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 50 day moving average price of $1,395.18 and a 200-day moving average price of $1,181.56. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,547.22.

ASML Increases Dividend

The company also recently disclosed 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 positive change from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 annualized dividend and a yield of 1.0%. ASML’s payout ratio is presently 25.10%.

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.