ASML Holding N.V. $ASML Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its position in ASML Holding N.V. (NASDAQ:ASML) by 25.6% during the 4th quarter, Holdings Channel reports. The fund owned 8,617 shares of the semiconductor company’s stock after selling 2,972 shares during the quarter. Hsbc Holdings PLC’s holdings in ASML were worth $9,237,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in ASML. Fisher Asset Management LLC raised its stake in shares of ASML by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after buying an additional 132,353 shares in the last quarter. Capital International Investors boosted its stake in shares of ASML by 17.3% in the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of ASML by 16.6% in the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after buying an additional 305,435 shares in the last quarter. Bank of America Corp DE grew its holdings in ASML by 8.3% during the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after acquiring an additional 142,763 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after acquiring an additional 1,022,532 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASML has been the subject of a number of recent analyst reports. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a report on Monday, June 1st. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research note on Monday, June 15th. Wells Fargo & Company increased their price target on shares of ASML from $1,750.00 to $2,200.00 and gave the company an “overweight” rating in a report on Monday. Susquehanna reissued a “positive” rating on shares of ASML in a report on Thursday, April 9th. Finally, Royal Bank Of Canada boosted their price objective on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $1,772.62.

ASML Stock Performance

NASDAQ:ASML opened at $1,794.62 on Friday. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $1,628.47 and a two-hundred day moving average price of $1,424.18. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,959.04. The company has a market capitalization of $705.80 billion, a P/E ratio of 64.37, a price-to-earnings-growth ratio of 1.40 and a beta of 1.82.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The company had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. As a group, research analysts expect that ASML Holding N.V. will post 36.69 earnings per share for the current fiscal year.

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.