Valley Brook Capital Group Inc. Buys Shares of 335 ASML Holding (NASDAQ:ASML)

Valley Brook Capital Group Inc. acquired a new position in ASML Holding (NASDAQ:ASML) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 335 shares of the semiconductor company’s stock, valued at approximately $254,000.

A number of other hedge funds also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. raised its position in ASML by 3.1% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 31,708 shares of the semiconductor company’s stock worth $18,665,000 after acquiring an additional 966 shares during the period. Stratos Wealth Partners LTD. raised its position in ASML by 173.7% in the third quarter. Stratos Wealth Partners LTD. now owns 2,814 shares of the semiconductor company’s stock worth $1,657,000 after acquiring an additional 1,786 shares during the period. Bank of New York Mellon Corp raised its position in ASML by 3.6% in the third quarter. Bank of New York Mellon Corp now owns 226,483 shares of the semiconductor company’s stock worth $133,321,000 after acquiring an additional 7,966 shares during the period. Verdence Capital Advisors LLC raised its position in ASML by 8.5% in the third quarter. Verdence Capital Advisors LLC now owns 1,577 shares of the semiconductor company’s stock worth $928,000 after acquiring an additional 123 shares during the period. Finally, Taylor Frigon Capital Management LLC raised its position in ASML by 0.7% in the third quarter. Taylor Frigon Capital Management LLC now owns 2,890 shares of the semiconductor company’s stock worth $1,701,000 after acquiring an additional 21 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock traded up $31.35 during trading hours on Friday, reaching $901.63. The company’s stock had a trading volume of 1,038,174 shares, compared to its average volume of 1,239,902. The firm has a 50 day moving average price of $951.12 and a 200-day moving average price of $817.16. ASML Holding has a one year low of $563.99 and a one year high of $1,056.34. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The stock has a market cap of $355.77 billion, a P/E ratio of 46.05, a P/E/G ratio of 2.25 and a beta of 1.49.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a $1.343 dividend. 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 0.60%. ASML’s dividend payout ratio (DPR) is presently 32.53%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Susquehanna raised their price objective on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research report on Friday, January 26th. Kepler Capital Markets upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. HSBC assumed coverage on shares of ASML in a research report on Thursday, February 22nd. They set a “buy” rating on the stock. Raymond James raised their price objective on shares of ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. Finally, Wells Fargo & Company raised their price objective on shares of ASML from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Four equities 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 company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,036.00.

About ASML

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.