Moors & Cabot Inc. Raises Holdings in ASML Holding (NASDAQ:ASML)

Moors & Cabot Inc. lifted its holdings in shares of ASML Holding (NASDAQ:ASMLFree Report) by 19.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 452 shares of the semiconductor company’s stock after acquiring an additional 74 shares during the quarter. Moors & Cabot Inc.’s holdings in ASML were worth $266,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Spotlight Asset Group Inc. acquired a new position in ASML in the 2nd quarter worth $29,000. Carmel Capital Partners LLC increased its position in shares of ASML by 200.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 30 shares during the last quarter. Addison Advisors LLC increased its position in shares of ASML by 220.0% in the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 33 shares during the last quarter. Bollard Group LLC bought a new stake in shares of ASML in the 2nd quarter worth about $36,000. Finally, Cornerstone Planning Group LLC bought a new stake in shares of ASML in the 2nd quarter worth about $39,000. Institutional investors and hedge funds own 18.94% of the company’s stock.

ASML Price Performance

Shares of NASDAQ:ASML opened at $904.89 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.34. ASML Holding has a fifty-two week low of $563.99 and a fifty-two week high of $905.76. The firm has a 50-day simple moving average of $757.27 and a 200 day simple moving average of $680.21. The company has a market cap of $357.06 billion, a PE ratio of 42.07, a P/E/G ratio of 1.74 and a beta of 1.49.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 14th. Shareholders of record on Tuesday, February 6th will be given a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend is Monday, February 5th. ASML’s dividend payout ratio (DPR) is 24.17%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ASML. Susquehanna boosted their target price on shares of ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research report on Friday, January 26th. Cantor Fitzgerald began coverage on shares of ASML in a research report on Tuesday, January 23rd. They issued an “overweight” rating for the company. Sanford C. Bernstein raised shares of ASML from a “market perform” rating to an “outperform” rating in a research report on Monday, January 22nd. Raymond James boosted their target price on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. Finally, Kepler Capital Markets raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $912.60.

View Our Latest Stock Report on ASML

About ASML

(Free Report)

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company 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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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