Foresters Investment Management Company Inc. lowered its stake in ASML Holding NV (NASDAQ:ASML) by 51.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,972 shares of the semiconductor company’s stock after selling 41,528 shares during the quarter. Foresters Investment Management Company Inc.’s holdings in ASML were worth $8,103,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC raised its holdings in shares of ASML by 37.2% during the 1st quarter. FMR LLC now owns 4,484,787 shares of the semiconductor company’s stock valued at $843,365,000 after buying an additional 1,215,606 shares in the last quarter. Investec Asset Management LTD increased its stake in ASML by 2,442.3% in the 2nd quarter. Investec Asset Management LTD now owns 648,507 shares of the semiconductor company’s stock worth $5,304,000 after purchasing an additional 622,998 shares during the period. Cambiar Investors LLC purchased a new position in ASML in the 1st quarter worth approximately $88,605,000. Bessemer Group Inc. increased its stake in ASML by 2,755.4% in the 2nd quarter. Bessemer Group Inc. now owns 409,750 shares of the semiconductor company’s stock worth $85,200,000 after purchasing an additional 395,400 shares during the period. Finally, WCM Investment Management LLC increased its stake in ASML by 13.5% in the 1st quarter. WCM Investment Management LLC now owns 3,117,183 shares of the semiconductor company’s stock worth $586,186,000 after purchasing an additional 370,629 shares during the period. Institutional investors and hedge funds own 16.97% of the company’s stock.
Several equities research analysts recently weighed in on the company. Zacks Investment Research upgraded ASML from a “sell” rating to a “hold” rating in a research report on Tuesday. ABN Amro assumed coverage on ASML in a report on Monday, July 29th. They issued a “hold” rating on the stock. Morgan Stanley initiated coverage on ASML in a report on Wednesday, June 19th. They issued an “overweight” rating on the stock. Wells Fargo & Co initiated coverage on ASML in a research note on Wednesday, June 19th. They issued an “outperform” rating and a $230.00 price target for the company. Finally, New Street Research cut ASML from a “buy” rating to a “neutral” rating in a research note on Thursday, July 18th. Seven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $204.80.
Shares of NASDAQ ASML traded up $2.90 during mid-day trading on Friday, reaching $249.73. The company’s stock had a trading volume of 3,687 shares, compared to its average volume of 498,299. The stock has a fifty day moving average of $222.02 and a two-hundred day moving average of $204.12. ASML Holding NV has a 52 week low of $144.50 and a 52 week high of $248.21. The firm has a market capitalization of $101.78 billion, a PE ratio of 34.83, a P/E/G ratio of 2.47 and a beta of 1.23. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.68 and a quick ratio of 1.62.
ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.18. ASML had a return on equity of 21.30% and a net margin of 23.08%. The company had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same period in the prior year, the company earned $1.37 earnings per share. Analysts anticipate that ASML Holding NV will post 6.8 EPS for the current fiscal year.
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.
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