Two Sigma Investments LP Cuts Stake in ASML Holding (NASDAQ:ASML)

Two Sigma Investments LP reduced its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 99.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 327 shares of the semiconductor company's stock after selling 57,816 shares during the period. Two Sigma Investments LP's holdings in ASML were worth $227,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in ASML. Wellington Shields & Co. LLC increased its holdings in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after buying an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in ASML during the fourth quarter worth about $31,000. Roxbury Financial LLC purchased a new stake in ASML during the fourth quarter worth about $39,000. Tradewinds Capital Management LLC raised its position in shares of ASML by 96.7% in the fourth 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 during the period. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in shares of ASML in the fourth quarter valued at approximately $51,000. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ASML. Susquehanna reduced their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company reduced 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. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $906.00.

ASML Trading Down 3.2%

Shares of ASML traded down $25.21 during mid-day trading on Friday, reaching $761.00. The company's stock had a trading volume of 1,742,119 shares, compared to its average volume of 1,684,517. The stock has a market cap of $299.39 billion, a PE ratio of 36.59, a P/E/G ratio of 1.62 and a beta of 1.74. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The company's fifty day moving average price is $710.27 and its two-hundred day moving average price is $714.86.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $8.77 billion during the quarter, compared to analyst estimates 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 fiscal year.

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.