Bay Colony Advisory Group Inc d b a Bay Colony Advisors Reduces Stake in ASML Holding N.V. (NASDAQ:ASML)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lowered its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 40.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 829 shares of the semiconductor company's stock after selling 573 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors' holdings in ASML were worth $559,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Edgewood Management LLC increased its stake 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 purchasing an additional 959,696 shares in the last quarter. GAMMA Investing LLC grew its stake in ASML by 70,115.5% in the 1st 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 in the last quarter. Clearbridge Investments LLC raised its holdings in ASML by 2.8% during the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock valued at $868,324,000 after acquiring an additional 33,603 shares during the period. Neuberger Berman Group LLC lifted its position in shares of ASML by 1.4% during the fourth quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock worth $667,155,000 after acquiring an additional 13,115 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of ASML by 5.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock worth $622,769,000 after acquiring an additional 46,028 shares during the period. Institutional investors own 26.07% of the company's stock.

ASML Trading Up 0.2%

Shares of ASML opened at $761.64 on Friday. 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 market capitalization of $299.64 billion, a P/E ratio of 32.10, a P/E/G ratio of 1.48 and a beta of 1.74. 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 firm's 50 day simple moving average is $719.05 and its 200 day simple moving average is $716.76.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data 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 net margin of 28.32% and a return on equity of 51.82%. The firm had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. Sell-side analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on ASML. Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Sanford C. Bernstein initiated coverage on shares of ASML in a report on Tuesday. They issued a "market perform" rating and a $806.00 price target on the stock. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Wells Fargo & Company cut their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $913.80.

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.

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.