ASML Holding N.V. (NASDAQ:ASML) Shares Sold by GF Fund Management CO. LTD.

GF Fund Management CO. LTD. lessened its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 15.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 29,035 shares of the semiconductor company's stock after selling 5,256 shares during the period. GF Fund Management CO. LTD.'s holdings in ASML were worth $19,239,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Wealthcare Advisory Partners LLC raised its stake in shares of ASML by 12.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock worth $266,000 after acquiring an additional 44 shares in the last quarter. Rhumbline Advisers increased its holdings in ASML by 12.7% in the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock valued at $5,571,000 after buying an additional 947 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in shares of ASML by 1.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock worth $2,304,000 after purchasing an additional 55 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of ASML by 2.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock worth $22,806,000 after purchasing an additional 763 shares during the last quarter. Finally, Novo Holdings A S raised its position in shares of ASML by 24.4% during the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock worth $114,938,000 after purchasing an additional 32,500 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Trading Down 0.7%

ASML stock traded down $5.40 on Friday, hitting $794.20. 910,715 shares of the company were exchanged, compared to its average volume of 1,710,906. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,110.09. 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 business's fifty day moving average is $749.55 and its two-hundred day moving average is $722.74. The stock has a market capitalization of $312.45 billion, a price-to-earnings ratio of 33.47, a price-to-earnings-growth ratio of 1.66 and a beta of 1.73.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping 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 company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. As a group, research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna lowered 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 report on Thursday, April 17th. Sanford C. Bernstein began coverage on shares of ASML in a research report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target for the company. Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday, May 19th. Finally, Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company 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.