ASML Holding (NASDAQ:ASML) Stock Position Trimmed by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC reduced its stake in ASML Holding (NASDAQ:ASML - Free Report) by 11.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,335 shares of the semiconductor company's stock after selling 1,290 shares during the quarter. Exchange Traded Concepts LLC's holdings in ASML were worth $6,848,000 at the end of the most recent reporting period.

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

ASML Stock Up 1.9%

ASML stock traded up $14.23 during trading on Monday, reaching $775.23. 1,452,148 shares of the company's stock were exchanged, compared to its average volume of 1,683,586. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company's 50-day moving average is $710.27 and its two-hundred day moving average is $715.17. The firm has a market cap 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 data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Wells Fargo & Company dropped their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Susquehanna lowered their target price 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. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.