Syon Capital LLC Decreases Position in ASML Holding N.V. $ASML

Syon Capital LLC decreased its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 25.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,448 shares of the semiconductor company’s stock after selling 485 shares during the quarter. Syon Capital LLC’s holdings in ASML were worth $1,402,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Regents of The University of California bought a new stake in shares of ASML in the 3rd quarter worth $413,335,000. WCM Investment Management LLC boosted its position in shares of ASML by 24.9% during the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after buying an additional 385,502 shares during the last quarter. Fisher Asset Management LLC increased its holdings in ASML by 6.3% in the 2nd quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock worth $3,401,304,000 after buying an additional 250,934 shares in the last quarter. Acadian Asset Management LLC raised its position in ASML by 114.3% in the 2nd quarter. Acadian Asset Management LLC now owns 329,878 shares of the semiconductor company’s stock worth $264,333,000 after buying an additional 175,939 shares during the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in ASML by 32.4% during the 2nd quarter. Rafferty Asset Management LLC now owns 413,280 shares of the semiconductor company’s stock valued at $331,198,000 after acquiring an additional 101,041 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research note on Friday, January 16th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Thursday, January 29th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, January 26th. Finally, Rothschild & Co Redburn set a $1,200.00 price objective on ASML in a research report on Friday, November 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,475.00.

ASML Price Performance

Shares of ASML stock opened at $1,468.72 on Thursday. The stock has a market cap of $577.62 billion, a P/E ratio of 56.88, a P/E/G ratio of 1.62 and a beta of 1.89. 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’s fifty day moving average is $1,264.69 and its 200 day moving average is $1,047.41. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,493.47.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be given a dividend of $3.1771 per share. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. This is an increase from ASML’s previous quarterly dividend of $1.88. 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.