Alpha Cubed Investments LLC lowered its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 39.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 49,269 shares of the semiconductor company's stock after selling 32,295 shares during the period. ASML accounts for about 1.5% of Alpha Cubed Investments LLC's investment portfolio, making the stock its 20th largest holding. Alpha Cubed Investments LLC's holdings in ASML were worth $32,647,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in ASML. Charles Schwab Investment Management Inc. increased its position in shares of ASML by 8.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 53,827 shares of the semiconductor company's stock valued at $37,306,000 after acquiring an additional 4,355 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in ASML during the 4th quarter valued at $31,223,000. Ashton Thomas Private Wealth LLC increased its holdings in shares of ASML by 7.2% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 1,830 shares of the semiconductor company's stock worth $1,268,000 after purchasing an additional 123 shares in the last quarter. Mesirow Financial Investment Management Inc. raised its stake in shares of ASML by 15.5% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 627 shares of the semiconductor company's stock worth $435,000 after purchasing an additional 84 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of ASML during the fourth quarter valued at $501,000. Institutional investors own 26.07% of the company's stock.
ASML Stock Down 0.7%
Shares of ASML stock opened at $794.20 on Monday. 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 12 month low of $578.51 and a 12 month high of $1,110.09. The stock has a market cap of $312.45 billion, a P/E ratio of 33.47, a P/E/G ratio of 1.66 and a beta of 1.73. The company has a 50 day simple moving average of $749.55 and a two-hundred day simple moving average of $722.83.
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 51.82% and a net margin of 28.32%. On average, research analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.
Analyst Ratings Changes
ASML has been the subject of several research analyst reports. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Wells Fargo & Company dropped their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. 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 target price for the company. Five 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. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $913.80.
Read Our Latest Research Report on ASML
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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