XY Capital Ltd Grows Position in ASML Holding N.V. $ASML

Key Points

• XY Capital Ltd boosted its stake in ASML by 427.6% in Q3 to 2,812 shares worth $2.72M, making ASML its 15th-largest holding (~1.4% of the fund).
• ASML raised its quarterly dividend to $3.1771 from $1.88 (annualized $12.71, yield ~0.9%), payable May 5 with record/ex-dividend dates on April 27.
• Analysts hold a consensus Moderate Buy rating with a $1,475 target; the stock trades at a ~$529B market cap and a P/E of about 52.1.

XY Capital Ltd grew its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 427.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,812 shares of the semiconductor company's stock after buying an additional 2,279 shares during the period. ASML accounts for about 1.4% of XY Capital Ltd's holdings, making the stock its 15th biggest holding. XY Capital Ltd's holdings in ASML were worth $2,722,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of ASML. Capstone Wealth Management Group LLC raised its holdings in ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company's stock valued at $1,664,000 after acquiring an additional 124 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of ASML by 141.1% during the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company's stock worth $4,553,000 after purchasing an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of ASML by 153.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company's stock valued at $11,404,000 after purchasing an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of ASML by 1.3% in the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company's stock valued at $936,000 after purchasing an additional 15 shares in the last quarter. Finally, KBC Group NV acquired a new stake in shares of ASML in the second quarter valued at approximately $103,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Price Performance

Shares of ASML opened at $1,345.69 on Friday. The firm has a 50-day simple moving average of $1,380.42 and a two-hundred day simple moving average of $1,125.60. The stock has a market cap of $529.23 billion, a PE ratio of 52.12, a P/E/G ratio of 1.30 and a beta of 1.88. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,547.22. 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 given a $3.1771 dividend. The ex-dividend date of this dividend is Monday, April 27th. This is a positive change from ASML's previous quarterly dividend of $1.88. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. ASML's dividend payout ratio is presently 25.10%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Barclays raised ASML from an "equal weight" rating to an "overweight" rating in a research note on Monday, January 26th. Grupo Santander lowered ASML to an "underperform" rating in a report on Thursday, January 22nd. Morgan Stanley restated an "overweight" rating on shares of ASML in a research report on Friday, January 16th. Zacks Research downgraded shares of ASML from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 3rd. Finally, UBS Group reiterated a "buy" rating on shares of ASML in a report on Tuesday, March 3rd. Two research 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 given a Sell rating to the company. According to data from MarketBeat, ASML has a consensus rating of "Moderate Buy" and a consensus target price of $1,475.00.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.