Heritage Family Offices LLP Has $703,000 Stake in ASML Holding (NASDAQ:ASML)

Heritage Family Offices LLP lowered its stake in ASML Holding (NASDAQ:ASML) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,015 shares of the semiconductor company’s stock after selling 39 shares during the period. Heritage Family Offices LLP’s holdings in ASML were worth $703,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV raised its position in shares of ASML by 4,379.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after acquiring an additional 870,010 shares during the last quarter. International Assets Investment Management LLC lifted its position in ASML by 94,079.7% during the 3rd quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after purchasing an additional 491,096 shares during the period. Van ECK Associates Corp boosted its stake in shares of ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after purchasing an additional 474,653 shares during the last quarter. Tairen Capital Ltd grew its position in shares of ASML by 321.2% during the 2nd quarter. Tairen Capital Ltd now owns 202,946 shares of the semiconductor company’s stock worth $207,559,000 after buying an additional 154,760 shares during the period. Finally, Mediolanum International Funds Ltd acquired a new position in ASML in the third quarter valued at approximately $125,952,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 1.4 %

ASML stock opened at $726.30 on Thursday. The company has a 50 day moving average of $702.22 and a 200-day moving average of $801.85. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The stock has a market capitalization of $285.74 billion, a PE ratio of 38.03, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last announced its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. On average, equities research analysts anticipate that ASML Holding will post 20.68 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on ASML shares. Sanford C. Bernstein lowered their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. JPMorgan Chase & Co. dropped their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Susquehanna reduced their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $955.50.

About ASML

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.