Vantage Investment Partners LLC Reduces Stake in ASML Holding N.V. $ASML

Vantage Investment Partners LLC cut its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 4.8% during the 4th quarter, HoldingsChannel reports. The firm owned 52,971 shares of the semiconductor company’s stock after selling 2,694 shares during the period. ASML accounts for about 3.8% of Vantage Investment Partners LLC’s investment portfolio, making the stock its 5th biggest holding. Vantage Investment Partners LLC’s holdings in ASML were worth $56,672,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ASML. Binnacle Investments Inc boosted its position in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. North Star Investment Management Corp. boosted its position in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 11 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of ASML during the fourth quarter valued at approximately $32,000. JPL Wealth Management LLC bought a new stake in shares of ASML during the third quarter valued at approximately $34,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of ASML during the third quarter valued at approximately $34,000. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on ASML shares. Sanford C. Bernstein reissued a “buy” rating on shares of ASML in a report on Thursday, April 23rd. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a report on Wednesday, April 8th. Royal Bank Of Canada boosted their target price on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. TD Cowen reissued a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $1,750.00 target price on shares of ASML in a report on Thursday, April 16th. Three investment 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 company. Based on data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $1,504.38.

ASML Trading Up 2.6%

ASML stock opened at $1,632.90 on Friday. The company has a market capitalization of $642.19 billion, a price-to-earnings ratio of 58.57, a price-to-earnings-growth ratio of 1.31 and a beta of 1.81. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,653.53. The business’s fifty day simple moving average is $1,433.13 and its two-hundred day simple moving average is $1,297.67.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. As a group, equities analysts predict that ASML Holding N.V. will post 37.1 earnings per share for the current fiscal year.

ASML 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.