Timber Creek Capital Management LLC Makes New $5.17 Million Investment in ASML Holding N.V. $ASML

Timber Creek Capital Management LLC bought a new position in ASML Holding N.V. (NASDAQ:ASML) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 4,833 shares of the semiconductor company’s stock, valued at approximately $5,171,000.

Other large investors have also bought and sold shares of the company. Manning & Napier Advisors LLC purchased a new position in ASML in the third quarter worth about $25,000. City Holding Co. purchased a new position in ASML in the third quarter worth about $26,000. Binnacle Investments Inc raised its holdings in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares during the last quarter. JPL Wealth Management LLC purchased a new position in ASML in the third quarter worth about $34,000. Finally, Wealth Watch Advisors INC purchased a new position in ASML in the third quarter worth about $34,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of NASDAQ ASML opened at $1,500.20 on Tuesday. The firm has a 50 day moving average of $1,390.71 and a 200 day moving average of $1,208.62. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $590.00 billion, a price-to-earnings ratio of 58.10, a price-to-earnings-growth ratio of 1.60 and a beta of 1.88. ASML Holding N.V. has a 12-month low of $614.06 and a 12-month high of $1,547.22.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Investors of record on Monday, April 27th will be given a dividend of $3.1771 per share. This represents a $12.71 annualized dividend and a yield of 0.8%. This is a positive change from ASML’s previous quarterly dividend of $1.88. The ex-dividend date is Monday, April 27th. ASML’s dividend payout ratio (DPR) is presently 25.10%.

Analyst Ratings Changes

A number of brokerages have recently commented on ASML. Barclays reiterated a “buy” rating on shares of ASML in a research note on Wednesday, April 1st. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research note on Monday. Susquehanna reiterated a “positive” rating on shares of ASML in a research note on Thursday. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research note on Friday, January 16th. Finally, Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,482.50.

ASML Company Profile

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.