Cambridge Investment Research Advisors Inc. grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,467 shares of the semiconductor company’s stock after buying an additional 760 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in ASML were worth $24,036,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Stephens Investment Management Group LLC raised its holdings in shares of ASML by 14.9% in the 4th quarter. Stephens Investment Management Group LLC now owns 254 shares of the semiconductor company’s stock worth $272,000 after purchasing an additional 33 shares in the last quarter. Dana Investment Advisors Inc. raised its holdings in shares of ASML by 0.3% in the 4th quarter. Dana Investment Advisors Inc. now owns 4,936 shares of the semiconductor company’s stock worth $5,281,000 after purchasing an additional 15 shares in the last quarter. Center for Financial Planning Inc. raised its holdings in shares of ASML by 4.9% in the 4th quarter. Center for Financial Planning Inc. now owns 257 shares of the semiconductor company’s stock worth $275,000 after purchasing an additional 12 shares in the last quarter. Stephens Inc. AR raised its holdings in shares of ASML by 7.3% in the 4th quarter. Stephens Inc. AR now owns 3,142 shares of the semiconductor company’s stock worth $3,362,000 after purchasing an additional 214 shares in the last quarter. Finally, Wakefield Asset Management LLLP bought a new stake in shares of ASML in the 4th quarter worth approximately $428,000. 26.07% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research firms recently commented on ASML. Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a report on Thursday, April 23rd. TD Cowen reiterated a “buy” rating on shares of ASML in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Finally, Grupo Santander downgraded shares of ASML to an “underperform” rating in a research report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,504.38.
ASML Stock Down 2.0%
ASML stock opened at $1,472.39 on Tuesday. The firm has a market cap of $579.06 billion, a PE ratio of 52.81, a P/E/G ratio of 1.23 and a beta of 1.81. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The firm’s 50 day moving average price is $1,416.86 and its two-hundred day moving average price is $1,285.48. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,603.49.
ASML (NASDAQ:ASML – Get Free Report) last released 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 for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, research analysts predict that ASML Holding N.V. will post 37.09 EPS for the current fiscal year.
More ASML News
Here are the key news stories impacting ASML this week:
- Positive Sentiment: ASML announced a partnership with Tata Electronics tied to India’s $11 billion Dholera 300mm fab, expanding ASML’s footprint in a major new semiconductor market and creating a potential pipeline for future DUV-to-EUV tool sales. ASML Expands Globally, Joins Tata for India Semiconductor Hub
- Positive Sentiment: ASML reported transactions under its current share buyback program, which signals continued capital return to shareholders and can help cushion the stock. ASML reports transactions under its current share buyback program
- Neutral Sentiment: A Zacks piece highlighted Wall Street’s generally bullish view on ASML, but it did not include a new rating change or fresh earnings update, so it is unlikely to be a major near-term stock driver. Is It Worth Investing in ASML Based on Wall Street’s Bullish Views?
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.
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