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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Trims Stock Holdings in ASML Holding (NASDAQ:ASML)

ASML logo with Computer and Technology background

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lessened its position in ASML Holding (NASDAQ:ASML - Free Report) by 2.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 76,767 shares of the semiconductor company's stock after selling 1,971 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in ASML were worth $53,206,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Kennebec Savings Bank lifted its holdings in shares of ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 25 shares in the last quarter. Wellington Shields & Co. LLC grew its position in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after buying an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of ASML during the 4th quarter worth approximately $31,000. Albion Financial Group UT increased its position in ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after buying an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC purchased a new stake in ASML in the 4th quarter worth about $39,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Trading Down 1.4%

Shares of ASML stock traded down $10.55 during midday trading on Thursday, reaching $758.36. 1,509,706 shares of the company's stock traded hands, compared to its average volume of 1,657,065. The stock has a 50 day moving average of $681.12 and a 200-day moving average of $702.88. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a market cap of $298.36 billion, a PE ratio of 36.46, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. 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 (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. As a group, equities analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Susquehanna reduced 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 note on Thursday, April 17th. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. dropped their price target on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Finally, Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Two 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 company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

Check Out Our Latest Stock Analysis 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.

See Also

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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