Goldstream Capital Management Ltd Sells 115 Shares of ASML Holding (NASDAQ:ASML)

Goldstream Capital Management Ltd lessened its position in shares of ASML Holding (NASDAQ:ASML) by 51.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 110 shares of the semiconductor company’s stock after selling 115 shares during the period. ASML makes up about 0.1% of Goldstream Capital Management Ltd’s holdings, making the stock its 20th biggest position. Goldstream Capital Management Ltd’s holdings in ASML were worth $83,000 at the end of the most recent reporting period.

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

ASML Stock Performance

Shares of NASDAQ ASML traded up $17.44 during trading on Thursday, reaching $870.28. 846,615 shares of the company traded hands, compared to its average volume of 1,227,038. The firm has a 50 day simple moving average of $953.38 and a 200-day simple moving average of $811.61. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $343.40 billion, a PE ratio of 44.36, a P/E/G 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.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be issued a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date is Friday, April 26th. ASML’s payout ratio is presently 32.53%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ASML. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Raymond James upped 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 note on Thursday, January 25th. Cantor Fitzgerald began coverage on shares of ASML in a research note on Tuesday, January 23rd. They issued an “overweight” rating for the company. Evercore ISI began coverage on shares of ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating for the company. Finally, HSBC initiated coverage on shares of ASML in a research note on Thursday, February 22nd. They issued a “buy” rating for the company. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Company 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.