Royal Fund Management LLC Makes New $1.33 Million Investment in ASML Holding (NASDAQ:ASML)

Royal Fund Management LLC bought a new position in ASML Holding (NASDAQ:ASML) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,759 shares of the semiconductor company’s stock, valued at approximately $1,332,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Toth Financial Advisory Corp increased its stake in shares of ASML by 11.5% during the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after buying an additional 13 shares during the period. Slow Capital Inc. grew its stake in ASML by 0.3% in the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after purchasing an additional 13 shares during the last quarter. Alera Investment Advisors LLC grew its stake in ASML by 2.9% in the fourth quarter. Alera Investment Advisors LLC now owns 492 shares of the semiconductor company’s stock valued at $372,000 after purchasing an additional 14 shares during the last quarter. Marcum Wealth LLC grew its stake in ASML by 3.2% in the fourth quarter. Marcum Wealth LLC now owns 478 shares of the semiconductor company’s stock valued at $362,000 after purchasing an additional 15 shares during the last quarter. Finally, Allred Capital Management LLC grew its stake in ASML by 1.4% in the fourth quarter. Allred Capital Management LLC now owns 1,080 shares of the semiconductor company’s stock valued at $817,000 after purchasing an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ ASML traded up $31.35 during trading hours on Friday, reaching $901.63. The stock had a trading volume of 1,038,174 shares, compared to its average volume of 1,239,902. The stock has a fifty day moving average of $951.12 and a 200 day moving average of $814.09. The stock has a market cap of $355.77 billion, a P/E ratio of 46.05, a price-to-earnings-growth ratio of 2.17 and a beta of 1.49. ASML Holding has a 52-week low of $563.99 and a 52-week high of $1,056.34. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.

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 given a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.60%. ASML’s dividend payout ratio is currently 32.53%.

Analyst Ratings Changes

Several equities analysts have issued reports on ASML shares. Susquehanna lifted their target price on ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Redburn Atlantic upgraded shares of ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Evercore ISI initiated coverage on shares of ASML in a report on Tuesday, April 16th. They set an “outperform” rating on the stock. Finally, HSBC initiated coverage on shares of ASML in a report on Thursday, February 22nd. They set a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also 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.