Genus Capital Management Inc. Invests $540,000 in ASML Holding N.V. $ASML

Genus Capital Management Inc. purchased a new position in shares of ASML Holding N.V. (NASDAQ:ASML) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 505 shares of the semiconductor company’s stock, valued at approximately $540,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Binnacle Investments Inc grew its stake in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the period. North Star Investment Management Corp. boosted its position in shares of ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of ASML in the 4th quarter worth about $32,000. JPL Wealth Management LLC purchased a new stake in shares of ASML in the 3rd quarter worth about $34,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of ASML in the 3rd quarter worth about $34,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on ASML shares. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research report on Friday, May 15th. Weiss Ratings upgraded shares of ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Finally, Barclays upgraded shares of ASML to a “buy” rating in a research report on Tuesday, May 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,504.38.

ASML Price Performance

NASDAQ:ASML opened at $1,632.90 on Tuesday. The firm has a market cap of $642.19 billion, a price-to-earnings ratio of 58.57, a price-to-earnings-growth ratio of 1.34 and a beta of 1.81. 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 company’s 50-day moving average is $1,438.76 and its two-hundred day moving average is $1,303.54. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,653.53.

ASML (NASDAQ:ASML) last released its 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%. Research analysts expect that ASML Holding N.V. will post 37.1 EPS for the current year.

About ASML

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.