Seaview Investment Managers LLC Has $9 Million Holdings in ASML Holding N.V. $ASML

Seaview Investment Managers LLC cut its position in ASML Holding N.V. (NASDAQ:ASML) by 21.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,412 shares of the semiconductor company’s stock after selling 2,277 shares during the quarter. ASML makes up approximately 3.4% of Seaview Investment Managers LLC’s investment portfolio, making the stock its 8th largest holding. Seaview Investment Managers LLC’s holdings in ASML were worth $9,000,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ASML. Capital International Investors raised its holdings in ASML by 17.3% in the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after purchasing an additional 577,448 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in ASML in the third quarter worth about $505,510,000. Regents of The University of California bought a new position in ASML in the third quarter worth about $413,335,000. WCM Investment Management LLC raised its holdings in ASML by 24.9% in the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after purchasing an additional 385,502 shares in the last quarter. Finally, Alliancebernstein L.P. raised its holdings in ASML by 75.6% in the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after purchasing an additional 340,518 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,632.90 on Tuesday. The business’s 50 day moving average price is $1,438.76 and its 200 day moving average price is $1,303.54. The firm has a market cap of $642.19 billion, a P/E ratio of 58.57, a P/E/G ratio of 1.34 and a beta of 1.81. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,653.53. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion for the quarter. On average, sell-side analysts expect that ASML Holding N.V. will post 37.1 earnings per share for the current year.

Analysts Set New Price Targets

ASML has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Wednesday, April 8th. Royal Bank Of Canada upped their price objective on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. Wells Fargo & Company restated an “overweight” rating and set a $1,750.00 price objective on shares of ASML in a report on Thursday, April 16th. Finally, Sanford C. Bernstein restated a “buy” rating on shares of ASML in a report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,504.38.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.