Mason & Associates Inc lifted its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 54.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,149 shares of the semiconductor company's stock after acquiring an additional 754 shares during the quarter. Mason & Associates Inc's holdings in ASML were worth $1,424,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in ASML. Wellington Shields & Co. LLC raised its holdings in shares of ASML by 740.0% in 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 in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML in the fourth quarter valued at $31,000. Roxbury Financial LLC acquired a new stake in shares of ASML during the 4th quarter valued at $39,000. Tradewinds Capital Management LLC boosted its stake in shares of ASML by 96.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock worth $41,000 after acquiring an additional 29 shares in the last quarter. Finally, Investment Management Corp VA ADV acquired a new position in shares of ASML in the 4th quarter worth $46,000. Institutional investors and hedge funds own 26.07% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the company. Barclays reiterated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Wells Fargo & Company reduced their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Susquehanna lowered their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Finally, Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, ASML currently has a consensus rating of "Moderate Buy" and an average price target of $906.00.
Get Our Latest Research Report on ASML
ASML Stock Up 1.9%
Shares of ASML stock traded up $14.23 during midday trading on Monday, reaching $775.23. 1,452,755 shares of the company's stock traded hands, compared to its average volume of 1,683,588. 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 simple moving average is $710.27 and its 200 day simple moving average is $715.17. The company has a market cap of $304.99 billion, a price-to-earnings ratio of 37.27, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74.
ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Equities analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.
ASML Company Profile
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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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