Galibier Capital Management Ltd. Acquires New Shares in ASML Holding N.V. (NASDAQ:ASML)

Galibier Capital Management Ltd. acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 700 shares of the semiconductor company's stock, valued at approximately $464,000.

Several other institutional investors have also recently modified their holdings of the company. Putney Financial Group LLC lifted its stake in ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 29 shares during the last quarter. Wellington Shields & Co. LLC grew its holdings in shares of ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 37 shares during the last quarter. Wayfinding Financial LLC bought a new position in shares of ASML in the first quarter worth approximately $35,000. Pinnacle Bancorp Inc. bought a new position in shares of ASML in the first quarter worth approximately $42,000. Finally, Olde Wealth Management LLC bought a new position in shares of ASML in the first quarter worth approximately $42,000. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their price target on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Susquehanna lowered their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Stock Down 0.3%

NASDAQ:ASML traded down $2.26 during mid-day trading on Friday, hitting $799.83. 542,092 shares of the company's stock were exchanged, compared to its average volume of 1,710,633. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. The business has a fifty day moving average price of $759.69 and a 200 day moving average price of $724.96. The company has a market cap of $314.67 billion, a PE ratio of 33.73, a P/E/G ratio of 1.67 and a beta of 1.73.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating 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 firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Equities analysts predict 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.