Courier Capital LLC Acquires New Position in ASML Holding N.V. $ASML

Key Points

• Courier Capital LLC has acquired a new position in ASML Holding N.V., purchasing 260 shares valued at approximately $208,000 in the second quarter.
• Several other institutional investors have also increased their stakes in ASML, including Putney Financial Group, which lifted its stake by 322.2% during the first quarter.
• Analysts have given ASML a consensus rating of "Moderate Buy", with a consensus target price of $1,001.60, indicating positive expectations for the stock's performance.

Courier Capital LLC acquired a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 260 shares of the semiconductor company's stock, valued at approximately $208,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Putney Financial Group LLC lifted its stake in shares of ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 29 shares during the period. Maseco LLP acquired a new stake in shares of ASML in the second quarter valued at about $32,000. Banque Cantonale Vaudoise acquired a new stake in shares of ASML in the first quarter valued at about $27,000. Costello Asset Management INC lifted its stake in shares of ASML by 147.1% in the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company's stock valued at $34,000 after purchasing an additional 25 shares during the period. Finally, PARK CIRCLE Co lifted its stake in shares of ASML by 80.0% in the second quarter. PARK CIRCLE Co now owns 45 shares of the semiconductor company's stock valued at $36,000 after purchasing an additional 20 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. New Street Research reiterated a "neutral" rating on shares of ASML in a research note on Monday, October 6th. Mizuho upgraded shares of ASML from a "neutral" rating to an "outperform" rating in a report on Monday, September 29th. Erste Group Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Monday, September 22nd. Hsbc Global Res upgraded shares of ASML to a "strong-buy" rating in a report on Monday, October 6th. Finally, Wells Fargo & Company raised their target price on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,001.60.

ASML Stock Performance

Shares of NASDAQ ASML opened at $1,009.81 on Thursday. The company has a market cap of $397.14 billion, a PE ratio of 42.15, a price-to-earnings-growth ratio of 1.66 and a beta of 1.87. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,059.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The company has a 50-day simple moving average of $852.01 and a 200-day simple moving average of $768.34.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The firm had revenue of $8.94 billion for the quarter, compared to analysts' expectations of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The business's quarterly revenue was up 23.2% compared to the same quarter last year. During the same quarter last year, the firm earned $4.01 earnings per share. On average, equities analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

ASML 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.

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