ASML Holding N.V. $ASML Shares Sold by Exencial Wealth Advisors LLC

Key Points

• Exencial Wealth Advisors LLC cut its ASML stake by 16.2% in Q4, selling 2,531 shares and retaining 13,068 shares valued at about $13.98 million.
• ASML raised its quarterly dividend to $3.1771 per share (from $1.88), payable May 5 with an ex-dividend date of April 27, implying a $12.71 annualized payout and a 0.9% yield.
• Analysts are generally positive with a consensus rating of "Moderate Buy" and an average price target of $1,504.38, while the stock trades near $1,432 and carries a $563.35 billion market cap.

Exencial Wealth Advisors LLC lessened its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 16.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,068 shares of the semiconductor company's stock after selling 2,531 shares during the quarter. Exencial Wealth Advisors LLC's holdings in ASML were worth $13,981,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Manning & Napier Advisors LLC acquired a new stake in ASML during the 3rd quarter worth approximately $25,000. City Holding Co. acquired a new stake in ASML during the 3rd quarter worth approximately $26,000. Binnacle Investments Inc increased its position in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 15 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in ASML during the 3rd quarter worth approximately $34,000. Finally, Wealth Watch Advisors INC acquired a new stake in ASML during the 3rd quarter worth approximately $34,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ASML shares. KGI Securities set a $1,415.00 price target on ASML and gave the stock an "outperform" rating in a report on Thursday, January 15th. Grupo Santander cut ASML to an "underperform" rating in a report on Thursday, January 22nd. Barclays restated a "buy" rating on shares of ASML in a report on Wednesday, April 15th. Morgan Stanley restated an "overweight" rating on shares of ASML in a report on Friday, January 16th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of ASML in a report on Wednesday, April 15th. Three investment 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $1,504.38.

ASML Stock Down 1.7%

NASDAQ ASML opened at $1,432.44 on Tuesday. The stock has a market cap of $563.35 billion, a PE ratio of 51.38, a P/E/G ratio of 1.48 and a beta of 1.88. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $1,401.92 and a two-hundred day moving average price of $1,240.99. ASML Holding N.V. has a fifty-two week low of $651.46 and a fifty-two week high of $1,547.22.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be paid a dividend of $3.1771 per share. This is an increase from ASML's previous quarterly dividend of $1.88. The ex-dividend date is Monday, April 27th. This represents a $12.71 annualized dividend and a dividend yield of 0.9%. ASML's dividend payout ratio (DPR) is currently 23.24%.

About ASML

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.

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