Profund Advisors LLC reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 7.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 6,895 shares of the semiconductor company’s stock after selling 564 shares during the period. Profund Advisors LLC’s holdings in ASML were worth $6,675,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of ASML. Capstone Wealth Management Group LLC increased its holdings in ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after buying an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of ASML by 153.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after buying an additional 10,411 shares during the period. Sivia Capital Partners LLC lifted its position in ASML by 1.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after acquiring an additional 15 shares in the last quarter. Finally, Blair William & Co. IL lifted its position in ASML by 30.6% during the 2nd quarter. Blair William & Co. IL now owns 13,076 shares of the semiconductor company’s stock worth $10,479,000 after acquiring an additional 3,060 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
ASML Trading Up 4.7%
Shares of NASDAQ ASML opened at $1,413.01 on Monday. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average price is $1,214.91 and its two-hundred day moving average price is $1,009.74. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,493.47. The stock has a market capitalization of $555.71 billion, a P/E ratio of 54.73, a PEG ratio of 1.63 and a beta of 1.89.
ASML Increases Dividend
Wall Street Analysts Forecast Growth
ASML has been the topic of a number of analyst reports. Zacks Research upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Sanford C. Bernstein set a $1,911.00 price target on shares of ASML in a research note on Thursday, January 29th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, January 29th. Finally, Berenberg Bank restated a “buy” rating on shares of ASML in a research note on Friday, January 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,475.00.
Read Our Latest Report on ASML
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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