Galibier Capital Management Ltd. purchased a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 700 shares of the semiconductor company's stock, valued at approximately $464,000.
Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after buying an additional 1,398,805 shares during the period. Edgewood Management LLC increased its position in shares of ASML by 43.1% in the fourth 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 in the last quarter. Wellington Management Group LLP raised its stake in shares of ASML by 53.4% in the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after acquiring an additional 281,156 shares during the period. First Manhattan CO. LLC. lifted its holdings in shares of ASML by 59.4% during the 4th quarter. First Manhattan CO. LLC. now owns 439,890 shares of the semiconductor company's stock valued at $307,374,000 after acquiring an additional 163,945 shares in the last quarter. Finally, Hyperion Asset Management Ltd boosted its position in ASML by 63.9% during the 4th quarter. Hyperion Asset Management Ltd now owns 297,882 shares of the semiconductor company's stock worth $206,456,000 after purchasing an additional 116,121 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.
Analyst Ratings Changes
Several research firms have commented on ASML. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Susquehanna lowered their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Wells Fargo & Company increased their price objective on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday. Finally, Sanford C. Bernstein assumed coverage on shares of ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, ASML has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.
View Our Latest Stock Analysis on ASML
ASML Stock Up 0.3%
NASDAQ ASML traded up $2.26 during mid-day trading on Thursday, reaching $802.09. 1,498,772 shares of the company's stock traded hands, compared to its average volume of 1,715,228. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company has a fifty day simple moving average of $756.99 and a 200-day simple moving average of $724.40. The company has a market cap of $315.56 billion, a price-to-earnings ratio of 33.80, a P/E/G ratio of 1.67 and a beta of 1.73.
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 for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 28.32% and a return on equity of 51.82%. As a group, equities research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.
ASML Profile
(
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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