ASML Holding N.V. (NASDAQ:ASML) Shares Sold by PFG Investments LLC

PFG Investments LLC lowered its position in ASML Holding N.V. (NASDAQ:ASML) by 1.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,921 shares of the semiconductor company’s stock after selling 52 shares during the period. PFG Investments LLC’s holdings in ASML were worth $1,935,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Edgewood Management LLC grew its holdings in shares of ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock worth $2,208,615,000 after acquiring an additional 959,696 shares during the period. GAMMA Investing LLC grew its holdings in shares of ASML by 70,115.5% in the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company’s stock worth $9,282,120,000 after acquiring an additional 1,398,805 shares during the period. Clearbridge Investments LLC grew its holdings in ASML by 2.8% during the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company’s stock valued at $868,324,000 after buying an additional 33,603 shares during the last quarter. Neuberger Berman Group LLC grew its holdings in ASML by 1.4% during the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company’s stock valued at $667,155,000 after buying an additional 13,115 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in ASML by 5.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company’s stock valued at $622,769,000 after buying an additional 46,028 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on ASML. Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Citigroup reiterated a “buy” rating on shares of ASML in a report on Monday, May 19th. Barclays reiterated an “equal weight” rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna lowered their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Finally, Sanford C. Bernstein initiated coverage on ASML in a report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 target price on the stock. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $913.80.

ASML Price Performance

ASML stock opened at $756.53 on Friday. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,110.09. The stock’s fifty day simple moving average is $720.80 and its 200-day simple moving average is $717.00. 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 stock has a market capitalization of $297.63 billion, a price-to-earnings ratio of 31.88, a price-to-earnings-growth ratio of 1.47 and a beta of 1.74.

ASML (NASDAQ:ASML) last posted its quarterly earnings data 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. ASML had a return on equity of 51.82% and a net margin of 28.32%. The business had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $7.90 billion. Equities research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML 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.