ASML Sees Unusually Large Options Volume (NASDAQ:ASML)

ASML Holding (NASDAQ:ASMLGet Free Report) was the recipient of some unusual options trading activity on Friday. Traders acquired 23,355 call options on the stock. This represents an increase of approximately 141% compared to the typical volume of 9,693 call options.

ASML Stock Performance

NASDAQ:ASML opened at $949.60 on Friday. The company has a fifty day simple moving average of $771.89 and a two-hundred day simple moving average of $685.41. The company has a market cap of $374.70 billion, a price-to-earnings ratio of 44.15, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. 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 has a 52 week low of $563.99 and a 52 week high of $954.32.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be paid a dividend of $1.343 per share. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.57%. ASML’s payout ratio is currently 24.59%.

Hedge Funds Weigh In On ASML

A number of institutional investors and hedge funds have recently modified their holdings of ASML. Moneta Group Investment Advisors LLC acquired a new position in shares of ASML during the fourth quarter worth $307,620,000. 1832 Asset Management L.P. grew its stake in shares of ASML by 31,845.9% during the fourth quarter. 1832 Asset Management L.P. now owns 340,543 shares of the semiconductor company’s stock worth $186,073,000 after purchasing an additional 339,477 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of ASML by 34.6% during the third quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company’s stock worth $628,344,000 after purchasing an additional 274,562 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of ASML by 48,040.7% during the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock worth $186,202,000 after purchasing an additional 245,488 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of ASML by 27.5% during the fourth quarter. Alliancebernstein L.P. now owns 981,659 shares of the semiconductor company’s stock worth $536,378,000 after purchasing an additional 211,792 shares in the last quarter. Institutional investors and hedge funds own 18.94% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of ASML from $726.00 to $878.00 and gave the company an “overweight” rating in a report on Thursday, November 30th. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Sanford C. Bernstein upgraded shares of ASML from a “market perform” rating to an “outperform” rating in a report on Monday, January 22nd. Susquehanna lifted their target price on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a report on Friday, January 26th. Finally, Cantor Fitzgerald assumed coverage on shares of ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating for the company. Four analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $912.60.

Check Out Our Latest Stock Report on ASML

ASML Company Profile

(Get 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.

Further Reading

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