FNY Investment Advisers LLC reduced its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 81.9% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,384 shares of the semiconductor company's stock after selling 10,776 shares during the period. ASML comprises approximately 1.0% of FNY Investment Advisers LLC's portfolio, making the stock its 24th biggest position. FNY Investment Advisers LLC's holdings in ASML were worth $1,579,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Wellington Shields & Co. LLC boosted its position in shares of ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after buying an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in ASML during the 4th quarter valued at $31,000. Roxbury Financial LLC purchased a new position in ASML during the 4th quarter worth $39,000. Tradewinds Capital Management LLC grew its stake in shares of ASML by 96.7% in the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock worth $41,000 after acquiring an additional 29 shares in the last quarter. Finally, Investment Management Corp VA ADV purchased a new stake in shares of ASML in the fourth quarter valued at about $46,000. 26.07% of the stock is owned by hedge funds and other institutional investors.
ASML Stock Performance
NASDAQ ASML traded up $14.23 on Monday, hitting $775.23. 1,452,755 shares of the stock traded hands, compared to its average volume of 1,683,588. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The business's fifty day moving average is $710.27 and its two-hundred day moving average is $715.17. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The firm has a market capitalization of $304.99 billion, a price-to-earnings ratio of 37.27, a PEG ratio of 1.62 and a beta of 1.74.
ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. As a group, equities analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.
Analyst Ratings Changes
Several research firms recently weighed in on ASML. Citigroup restated 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 research note on Tuesday, June 3rd. Susquehanna reduced their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Finally, Wells Fargo & Company dropped their price target on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and an average target price of $906.00.
Check Out Our Latest Report on ASML
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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