Bowie Capital Management LLC reduced its stake in ASML Holding (NASDAQ:ASML - Free Report) by 12.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,938 shares of the semiconductor company's stock after selling 19,946 shares during the quarter. ASML comprises approximately 5.4% of Bowie Capital Management LLC's holdings, making the stock its 7th largest position. Bowie Capital Management LLC's holdings in ASML were worth $101,147,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Synovus Financial Corp increased its position in shares of ASML by 4.9% during the third quarter. Synovus Financial Corp now owns 475 shares of the semiconductor company's stock valued at $396,000 after acquiring an additional 22 shares in the last quarter. Versant Capital Management Inc purchased a new stake in ASML during the 4th quarter valued at $76,000. Capital Market Strategies LLC bought a new stake in shares of ASML in the 4th quarter worth $796,000. Doliver Advisors LP raised its stake in shares of ASML by 8.9% in the fourth quarter. Doliver Advisors LP now owns 2,392 shares of the semiconductor company's stock worth $1,658,000 after purchasing an additional 195 shares during the last quarter. Finally, First Hawaiian Bank lifted its holdings in shares of ASML by 32.4% during the fourth quarter. First Hawaiian Bank now owns 1,013 shares of the semiconductor company's stock valued at $702,000 after purchasing an additional 248 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.
ASML Stock Performance
ASML traded up $20.40 during trading on Wednesday, hitting $700.39. The company's stock had a trading volume of 1,041,025 shares, compared to its average volume of 1,641,633. The business's 50 day simple moving average is $679.24 and its 200-day simple moving average is $701.99. The firm has a market cap of $275.55 billion, a PE ratio of 33.67, a P/E/G ratio of 1.62 and a beta of 1.75. ASML Holding has a one year low of $578.51 and a one year 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 - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, sell-side analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on ASML shares. JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Susquehanna dropped their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Finally, Wells Fargo & Company decreased their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.
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About ASML
(
Free Report)
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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