Schonfeld Strategic Advisors LLC Sells 600 Shares of ASML Holding (NASDAQ:ASML)

Schonfeld Strategic Advisors LLC trimmed its stake in ASML Holding (NASDAQ:ASML - Free Report) by 31.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,300 shares of the semiconductor company's stock after selling 600 shares during the period. Schonfeld Strategic Advisors LLC's holdings in ASML were worth $901,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ASML. Edgewood Management LLC boosted its position in ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after buying an additional 959,696 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of ASML by 1.8% in the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company's stock worth $1,239,421,000 after acquiring an additional 31,231 shares in the last quarter. Clearbridge Investments LLC grew its position in ASML by 2.8% during the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock worth $868,324,000 after acquiring an additional 33,603 shares during the last quarter. Neuberger Berman Group LLC increased its holdings in ASML by 1.4% during the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after purchasing an additional 13,115 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in ASML by 5.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock valued at $622,769,000 after purchasing an additional 46,028 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Trading Down 0.3 %

ASML stock traded down $1.82 during midday trading on Friday, hitting $706.21. 883,949 shares of the company's stock were exchanged, compared to its average volume of 1,647,420. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The company has a market cap of $277.84 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The stock's fifty day moving average price is $679.19 and its 200-day moving average price is $701.79.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly 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 during the quarter, compared to analysts' expectations of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Research analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. lowered their target price 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. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Wells Fargo & Company reduced their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Finally, Susquehanna decreased their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $906.00.

ASML 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.