Walter Public Investments Inc. Reduces Stake in ASML Holding N.V. $ASML

Walter Public Investments Inc. lessened its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 39.1% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 12,971 shares of the semiconductor company’s stock after selling 8,321 shares during the quarter. ASML comprises about 4.1% of Walter Public Investments Inc.’s portfolio, making the stock its 5th largest holding. Walter Public Investments Inc.’s holdings in ASML were worth $17,132,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cornerstone Financial Management LLC bought a new position in ASML in the 4th quarter valued at about $26,000. Portus Wealth Advisors LLC acquired a new position in shares of ASML in the first quarter valued at approximately $32,000. Resources Management Corp CT ADV increased its stake in shares of ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 23 shares during the period. North Star Investment Management Corp. increased its stake in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the period. Finally, Jessup Wealth Management Inc acquired a new stake in ASML during the 4th quarter worth approximately $30,000. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $1,769.32 on Friday. The stock’s fifty day moving average price is $1,668.56 and its two-hundred day moving average price is $1,450.06. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96. 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 firm has a market cap of $695.84 billion, a PE ratio of 63.46, a price-to-earnings-growth ratio of 1.34 and a beta of 1.78.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The firm had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. As a group, research analysts expect that ASML Holding N.V. will post 36.62 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ASML shares. Freedom Capital upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a report on Monday, June 1st. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 4th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Finally, Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Tuesday. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,772.62.

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.