Bourgeon Capital Management LLC Reduces Holdings in ASML Holding (NASDAQ:ASML)

Bourgeon Capital Management LLC lessened its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 14.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,265 shares of the semiconductor company's stock after selling 745 shares during the quarter. Bourgeon Capital Management LLC's holdings in ASML were worth $2,826,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Tritonpoint Wealth LLC acquired a new stake in shares of ASML in the fourth quarter valued at approximately $218,000. DAVENPORT & Co LLC increased its position in ASML by 2.1% during the fourth quarter. DAVENPORT & Co LLC now owns 2,316 shares of the semiconductor company's stock worth $1,605,000 after buying an additional 48 shares in the last quarter. Golden State Equity Partners raised its holdings in shares of ASML by 1,030.2% in the fourth quarter. Golden State Equity Partners now owns 1,085 shares of the semiconductor company's stock worth $752,000 after acquiring an additional 989 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its position in shares of ASML by 92.1% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 1,435 shares of the semiconductor company's stock valued at $995,000 after acquiring an additional 688 shares in the last quarter. Finally, Valley National Advisers Inc. boosted its stake in shares of ASML by 6.1% during the fourth quarter. Valley National Advisers Inc. now owns 1,023 shares of the semiconductor company's stock valued at $709,000 after acquiring an additional 59 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Down 0.6%

ASML traded down $4.47 during trading on Wednesday, hitting $742.78. 1,159,977 shares of the company's stock were exchanged, compared to its average volume of 1,671,787. The stock has a 50 day moving average price of $689.94 and a 200 day moving average price of $709.48. ASML Holding has a 1 year low of $578.51 and a 1 year high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The firm has a market cap of $292.23 billion, a P/E ratio of 35.71, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $7.90 billion. As a group, analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ASML shares. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday. Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. Wells Fargo & Company decreased their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Susquehanna dropped their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $906.00.

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.