Sivia Capital Partners LLC increased its position in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 35.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,752 shares of the semiconductor company’s stock after buying an additional 458 shares during the quarter. Sivia Capital Partners LLC’s holdings in ASML were worth $1,874,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Telos Capital Management Inc. lifted its position in ASML by 4.5% during the 3rd quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock worth $10,504,000 after acquiring an additional 463 shares during the period. Regents of The University of California acquired a new stake in ASML during the 3rd quarter worth approximately $413,335,000. Dimensional Fund Advisors LP lifted its position in ASML by 4.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after acquiring an additional 38,660 shares during the period. Principal Financial Group Inc. lifted its position in ASML by 34.5% during the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after acquiring an additional 4,001 shares during the period. Finally, Grantham Mayo Van Otterloo & Co. LLC lifted its position in ASML by 314.0% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock worth $23,841,000 after acquiring an additional 18,677 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have weighed in on ASML. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, May 13th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research report on Monday, May 25th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday. Morgan Stanley reaffirmed an “overweight” rating on shares of ASML in a research report on Wednesday. Finally, Barclays raised ASML to a “buy” rating in a report on Tuesday, May 19th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average price target of $1,589.63.
ASML Stock Up 1.2%
ASML opened at $1,726.36 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The business has a 50 day simple moving average of $1,478.55 and a 200-day simple moving average of $1,333.83. The stock has a market capitalization of $678.94 billion, a P/E ratio of 61.92, a P/E/G ratio of 1.40 and a beta of 1.82. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,743.27.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share 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 during the quarter. On average, equities analysts anticipate that ASML Holding N.V. will post 37.1 earnings per share for the current fiscal year.
ASML Company 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.
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