ORG Partners LLC Decreases Stock Position in ASML Holding N.V. (NASDAQ:ASML)

ORG Partners LLC lowered its stake in ASML Holding N.V. (NASDAQ:ASML) by 32.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 135 shares of the semiconductor company’s stock after selling 65 shares during the period. ORG Partners LLC’s holdings in ASML were worth $90,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of ASML. Wellington Shields & Co. LLC increased its holdings in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new position in ASML during the 4th quarter valued at about $31,000. Tradewinds Capital Management LLC increased its holdings in ASML by 96.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 29 shares during the period. Investment Management Corp VA ADV purchased a new position in ASML during the 4th quarter valued at about $46,000. Finally, Bradley & Co. Private Wealth Management LLC purchased a new position in ASML during the 4th quarter valued at about $51,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Down 0.7%

ASML stock opened at $756.53 on Friday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The business’s 50 day moving average price is $720.80 and its two-hundred day moving average price is $717.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. The company has a market capitalization of $297.63 billion, a price-to-earnings ratio of 31.88, a price-to-earnings-growth ratio of 1.47 and a beta of 1.74.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. ASML had a return on equity of 51.82% and a net margin of 28.32%. The firm had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $7.90 billion. As a group, analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of research analyst reports. Barclays restated an “equal weight” rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna reduced their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Sanford C. Bernstein initiated coverage on ASML in a report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 target price on the stock. Citigroup reiterated a “buy” rating on shares of ASML in a report on Monday, May 19th. Finally, Wells Fargo & Company reduced their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $913.80.

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.