ASML Holding (NASDAQ:ASML) Shares Sold by JT Stratford LLC

JT Stratford LLC trimmed its stake in shares of ASML Holding (NASDAQ:ASML) by 6.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 656 shares of the semiconductor company’s stock after selling 47 shares during the quarter. JT Stratford LLC’s holdings in ASML were worth $455,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Pinnacle Investment Management Ltd acquired a new position in ASML in the fourth quarter worth about $693,000. Orion Capital Management LLC acquired a new position in shares of ASML in the 4th quarter worth approximately $112,000. Novem Group bought a new stake in shares of ASML in the 4th quarter valued at approximately $1,012,000. Focus Partners Advisor Solutions LLC increased its holdings in shares of ASML by 156.9% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 1,079 shares of the semiconductor company’s stock valued at $748,000 after acquiring an additional 659 shares during the last quarter. Finally, Ulysses Management LLC acquired a new stake in shares of ASML during the 4th quarter valued at approximately $3,465,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASML has been the subject of a number of research reports. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Monday. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Susquehanna cut their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. JPMorgan Chase & Co. lowered their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and a consensus price target of $906.00.

ASML Price Performance

Shares of NASDAQ ASML opened at $740.70 on Friday. The stock has a market cap of $291.41 billion, a P/E ratio of 35.61, a P/E/G ratio of 1.62 and a beta of 1.75. The firm’s 50-day simple moving average is $686.45 and its 200 day simple moving average is $705.34. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Equities analysts expect that ASML Holding will post 25.17 EPS for the current 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.