Global X Japan Co. Ltd. lowered its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 11.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,924 shares of the semiconductor company's stock after selling 873 shares during the quarter. ASML comprises 0.5% of Global X Japan Co. Ltd.'s portfolio, making the stock its 28th biggest holding. Global X Japan Co. Ltd.'s holdings in ASML were worth $4,588,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Edgewood Management LLC boosted its holdings in shares of ASML by 43.1% in the 4th 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 during the period. GAMMA Investing LLC boosted its holdings in shares of ASML by 70,115.5% in the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after purchasing an additional 1,398,805 shares during the period. Clearbridge Investments LLC boosted its holdings in shares of ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock worth $868,324,000 after purchasing an additional 33,603 shares during the period. Neuberger Berman Group LLC boosted its holdings in shares of ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock worth $667,155,000 after purchasing an additional 13,115 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of ASML by 5.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock worth $622,769,000 after purchasing an additional 46,028 shares during the period. Institutional investors own 26.07% of the company's stock.
ASML Stock Down 0.7%
NASDAQ ASML traded down $5.11 on Friday, reaching $756.53. 2,302,021 shares of the stock traded hands, compared to its average volume of 1,691,961. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. The company has a fifty day moving average price of $719.05 and a 200-day moving average price of $716.76. The company has a market cap of $297.63 billion, a price-to-earnings ratio of 31.88, a PEG ratio of 1.48 and a beta of 1.74. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,110.09.
ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. As a group, research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on ASML. Sanford C. Bernstein began coverage on ASML in a report on Tuesday. They issued a "market perform" rating and a $806.00 target price for the company. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Finally, Wells Fargo & Company dropped their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $913.80.
View Our Latest Report on ASML
ASML Profile
(
Free Report)
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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