Timber Creek Capital Management LLC Makes New $5.17 Million Investment in ASML Holding N.V. $ASML

Key Points

• Timber Creek Capital Management LLC opened a new position in ASML, buying 4,833 shares worth about $5.17 million in the fourth quarter.
• ASML raised its quarterly dividend to $3.1771 (annualized $12.71) — up from $1.88 — payable May 5 with an ex-dividend date of April 27, implying a yield of about 0.8%.
• Several large institutions also increased or initiated stakes (e.g., Capital International, Arrowstreet, Regents of UC, WCM, AllianceBernstein), institutional ownership is ~26.07%, and analysts hold a consensus Moderate Buy with a $1,482.50 target price.

Timber Creek Capital Management LLC bought a new position in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 4,833 shares of the semiconductor company's stock, valued at approximately $5,171,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ASML. Capital International Investors lifted its position in shares of ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company's stock worth $3,791,982,000 after purchasing an additional 577,448 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in shares of ASML in the 3rd quarter worth about $505,510,000. Regents of The University of California purchased a new stake in shares of ASML in the 3rd quarter worth about $413,335,000. WCM Investment Management LLC lifted its position in shares of ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company's stock worth $1,861,445,000 after purchasing an additional 385,502 shares during the period. Finally, Alliancebernstein L.P. lifted its position in shares of ASML by 75.6% in the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company's stock worth $765,632,000 after purchasing an additional 340,518 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Up 1.5%

Shares of NASDAQ ASML opened at $1,500.20 on Tuesday. ASML Holding N.V. has a 1 year low of $614.06 and a 1 year high of $1,547.22. The stock has a market cap of $590.00 billion, a P/E ratio of 58.10, a price-to-earnings-growth ratio of 1.60 and a beta of 1.88. The firm has a 50-day moving average of $1,390.71 and a 200 day moving average of $1,208.62. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be issued a $3.1771 dividend. This represents a $12.71 annualized dividend and a yield of 0.8%. This is a boost from ASML's previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. ASML's dividend payout ratio is presently 25.10%.

Analyst Ratings Changes

Several equities research analysts have recently commented on ASML shares. Weiss Ratings raised shares of ASML from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, February 26th. Sanford C. Bernstein raised their target price on shares of ASML to $1,971.00 and gave the stock a "buy" rating in a research report on Thursday, March 26th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Tuesday, January 20th. Zacks Research cut shares of ASML from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 3rd. Finally, TD Cowen reissued a "buy" rating on shares of ASML in a research report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and a consensus target price of $1,482.50.

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.

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