NovaPoint Capital LLC acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 677 shares of the semiconductor company's stock, valued at approximately $449,000.
Other hedge funds have also recently made changes to their positions in the company. Sfmg LLC grew its stake in shares of ASML by 3.0% during the 4th quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock worth $354,000 after purchasing an additional 15 shares during the period. Norinchukin Bank The raised its stake in ASML by 1.8% in the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock valued at $594,000 after purchasing an additional 15 shares during the last quarter. Coppell Advisory Solutions LLC lifted its stake in shares of ASML by 18.5% in the fourth quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock worth $67,000 after buying an additional 15 shares in the last quarter. Ethos Financial Group LLC lifted its stake in ASML by 5.6% in the 4th quarter. Ethos Financial Group LLC now owns 302 shares of the semiconductor company's stock worth $209,000 after purchasing an additional 16 shares in the last quarter. Finally, Nilsine Partners LLC boosted its stake in ASML by 2.6% during the first quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock worth $418,000 after buying an additional 16 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the stock. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Susquehanna decreased their price target 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. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Finally, Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Five equities 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 company. According to MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and an average target price of $913.80.
Read Our Latest Research Report on ASML
ASML Stock Performance
Shares of NASDAQ:ASML traded up $9.12 during midday trading on Wednesday, hitting $799.59. The stock had a trading volume of 1,382,486 shares, compared to its average volume of 1,702,806. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $314.57 billion, a PE ratio of 33.70, a P/E/G ratio of 1.55 and a beta of 1.73. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,110.09. The stock has a 50 day moving average price of $741.99 and a two-hundred day moving average price of $721.28.
ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The business had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. As a group, equities analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.
About ASML
(
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.
Further Reading
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