TB Alternative Assets Ltd. Grows Holdings in ASML Holding (NASDAQ:ASML)

TB Alternative Assets Ltd. boosted its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 94.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 42,009 shares of the semiconductor company's stock after purchasing an additional 20,367 shares during the quarter. ASML comprises about 6.5% of TB Alternative Assets Ltd.'s holdings, making the stock its 6th biggest holding. TB Alternative Assets Ltd.'s holdings in ASML were worth $27,836,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ASML. Wellington Shields & Co. LLC boosted its holdings in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of ASML during the 4th quarter valued at about $31,000. Roxbury Financial LLC purchased a new stake in shares of ASML during the 4th quarter valued at about $39,000. Tradewinds Capital Management LLC boosted its holdings in shares of ASML by 96.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock valued at $41,000 after acquiring an additional 29 shares during the last quarter. Finally, Investment Management Corp VA ADV purchased a new stake in shares of ASML during the 4th quarter valued at about $46,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ASML. Susquehanna dropped their price target 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. Wells Fargo & Company dropped their price objective 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. Finally, Barclays reissued an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and a consensus target price of $906.00.

ASML Stock Performance

NASDAQ ASML traded up $5.26 on Friday, reaching $753.02. 1,345,054 shares of the stock were exchanged, compared to its average volume of 1,673,946. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The firm has a market capitalization of $296.25 billion, a PE ratio of 36.20, a PEG ratio of 1.62 and a beta of 1.74. The company's 50-day simple moving average is $694.72 and its two-hundred day simple moving average is $711.27. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. Analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Company 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.