Ameritas Advisory Services LLC lowered its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 3.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 492 shares of the semiconductor company’s stock after selling 18 shares during the period. Ameritas Advisory Services LLC’s holdings in ASML were worth $334,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Augustine Asset Management Inc. grew its position in shares of ASML by 94.3% in the first quarter. Augustine Asset Management Inc. now owns 4,928 shares of the semiconductor company’s stock valued at $3,265,000 after purchasing an additional 2,392 shares during the last quarter. Guerra Advisors Inc grew its position in shares of ASML by 23.9% in the first quarter. Guerra Advisors Inc now owns 616 shares of the semiconductor company’s stock valued at $408,000 after purchasing an additional 119 shares during the last quarter. Avidian Wealth Enterprises LLC grew its holdings in ASML by 23.1% in the 1st quarter. Avidian Wealth Enterprises LLC now owns 976 shares of the semiconductor company’s stock valued at $647,000 after buying an additional 183 shares in the last quarter. Essex Financial Services Inc. grew its holdings in ASML by 5.7% in the 1st quarter. Essex Financial Services Inc. now owns 3,431 shares of the semiconductor company’s stock valued at $2,274,000 after buying an additional 186 shares in the last quarter. Finally, Hills Bank & Trust Co grew its holdings in ASML by 3.2% in the 1st quarter. Hills Bank & Trust Co now owns 797 shares of the semiconductor company’s stock valued at $528,000 after buying an additional 25 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts recently commented on the stock. Citigroup restated a “buy” rating on shares of ASML in a research note on Monday, May 19th. Jefferies Financial Group lowered shares of ASML from a “buy” rating to a “hold” rating in a research report on Thursday, June 26th. Sanford C. Bernstein initiated coverage on shares of ASML in a research report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 target price on the stock. Barclays restated an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Finally, Susquehanna reduced their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research report on Thursday, April 17th. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $913.80.
ASML Trading Down 0.7%
Shares of ASML stock opened at $794.20 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $312.45 billion, a price-to-earnings ratio of 33.47, a PEG ratio of 1.67 and a beta of 1.73. The firm’s 50-day moving average price is $747.21 and its two-hundred day moving average price is $722.31. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,110.09.
ASML (NASDAQ:ASML – Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a net margin of 28.32% and a return on equity of 51.82%. On average, analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.
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.
Featured Articles
- Five stocks we like better than ASML
- The Risks of Owning Bonds
- Rigetti Computing: Cantor’s Bullish Call May Be Just the Start
- How to Evaluate a Stock Before Buying
- Big Bank Buybacks: Morgan Stanley, Citi, & Wells Fargo Lead
- Where Do I Find 52-Week Highs and Lows?
- 3 Top Stocks Under $20 Riding the “Made in America” Wave
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML – Free Report).
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.