Cim LLC Takes $1.78 Million Position in ASML Holding (NASDAQ:ASML) – Defense World
Posted by Defense World Staff on Jun 16th, 2024 
Cim LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,354 shares of the semiconductor company’s stock, valued at approximately $1,782,000.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Townsquare Capital LLC raised its position in ASML by 11.5% during the third quarter. Townsquare Capital LLC now owns 8,516 shares of the semiconductor company’s stock worth $5,013,000 after acquiring an additional 881 shares during the last quarter. Savoie Capital LLC acquired a new position in shares of ASML during the 3rd quarter worth approximately $14,658,000. International Assets Investment Management LLC lifted its stake in ASML by 48,040.7% in the 4th quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company’s stock valued at $186,202,000 after buying an additional 245,488 shares in the last quarter. CenterBook Partners LP grew its holdings in ASML by 69.2% during the 3rd quarter. CenterBook Partners LP now owns 11,529 shares of the semiconductor company’s stock valued at $6,787,000 after buying an additional 4,716 shares during the last quarter. Finally, Griffin Asset Management Inc. grew its holdings in ASML by 9.3% during the 4th quarter. Griffin Asset Management Inc. now owns 19,608 shares of the semiconductor company’s stock valued at $14,842,000 after buying an additional 1,661 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
Shares of NASDAQ:ASML opened at $1,027.90 on Friday. The firm has a market capitalization of $405.60 billion, a PE ratio of 52.50, a P/E/G ratio of 2.17 and a beta of 1.49. ASML Holding has a 12 month low of $563.99 and a 12 month high of $1,077.22. 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 business has a 50-day moving average of $947.08 and a two-hundred day moving average of $884.14.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. The firm had revenue of $5.74 billion during the quarter, compared to analysts’ expectations of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. As a group, research analysts forecast that ASML Holding will post 20.12 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were issued a $1.343 dividend. This represents a $5.37 annualized dividend and a yield of 0.52%. The ex-dividend date of this dividend was Friday, April 26th. ASML’s dividend payout ratio is currently 32.53%.
ASML has been the topic of several recent research reports. Sanford C. Bernstein reduced their price objective on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. HSBC started coverage on shares of ASML in a report on Thursday, February 22nd. They issued a “buy” rating on the stock. Wells Fargo & Company lifted their price target on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Evercore ISI started coverage on shares of ASML in a research report on Tuesday, April 16th. They set an “outperform” rating on the stock. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,036.00.
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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.
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