ASML Holding to Issue Quarterly Dividend of $1.34 (NASDAQ:ASML)

ASML Holding (NASDAQ:ASMLGet Free Report) announced a quarterly dividend on Wednesday, January 24th, Zacks reports. Stockholders of record on Tuesday, February 6th will be given a dividend of 1.343 per share by the semiconductor company on Wednesday, February 14th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date is Monday, February 5th.

ASML Stock Down 0.3 %

NASDAQ ASML traded down $2.92 during trading hours on Friday, hitting $866.16. The company had a trading volume of 966,980 shares, compared to its average volume of 1,549,052. The firm’s 50 day moving average is $725.61 and its 200 day moving average is $671.94. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.33 and a quick ratio of 0.81. The company has a market capitalization of $341.78 billion, a price-to-earnings ratio of 39.75, a P/E/G ratio of 1.67 and a beta of 1.48. ASML has a fifty-two week low of $563.99 and a fifty-two week high of $883.28.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Cornerstone Planning Group LLC bought a new position in ASML during the second quarter valued at about $39,000. Compass Wealth Management LLC bought a new position in ASML during the fourth quarter valued at about $45,000. Providence Capital Advisors LLC bought a new position in ASML during the first quarter valued at about $57,000. Carolinas Wealth Consulting LLC boosted its position in ASML by 31.7% during the first quarter. Carolinas Wealth Consulting LLC now owns 133 shares of the semiconductor company’s stock worth $89,000 after purchasing an additional 32 shares during the period. Finally, First Manhattan Co. boosted its position in ASML by 19.7% during the first quarter. First Manhattan Co. now owns 152 shares of the semiconductor company’s stock worth $101,000 after purchasing an additional 25 shares during the period. Institutional investors and hedge funds own 18.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Susquehanna decreased their target price on shares of ASML from $850.00 to $810.00 and set a “positive” rating for the company in a research note on Thursday, October 12th. StockNews.com began coverage on shares of ASML in a research report on Thursday, October 5th. They issued a “hold” rating on the stock. Cantor Fitzgerald assumed coverage on shares of ASML in a research note on Tuesday. They set an “overweight” rating for the company. JPMorgan Chase & Co. upped their target price on shares of ASML from $726.00 to $878.00 and gave the company an “overweight” rating in a research note on Thursday, November 30th. Finally, Raymond James increased their price objective on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average target price of $841.33.

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ASML Company Profile

(Get Free Report)

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company 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.

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Dividend History for ASML (NASDAQ:ASML)

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