Catalyst Funds Management Pty Ltd Acquires Shares of 700 ASML Holding N.V. $ASML

Catalyst Funds Management Pty Ltd acquired a new stake in ASML Holding N.V. (NASDAQ:ASML) during the fourth quarter, Holdings Channel reports. The fund acquired 700 shares of the semiconductor company’s stock, valued at approximately $749,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pathfinder Wealth Consulting Inc. purchased a new position in ASML in the 4th quarter valued at $438,000. St. Louis Trust Co purchased a new position in ASML in the 4th quarter valued at $1,840,000. Jefferies Financial Group Inc. lifted its holdings in ASML by 52.9% in the 4th quarter. Jefferies Financial Group Inc. now owns 1,384 shares of the semiconductor company’s stock valued at $1,481,000 after purchasing an additional 479 shares in the last quarter. White Lighthouse Investment Management Inc. lifted its holdings in ASML by 2.2% in the 4th quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock valued at $390,000 after purchasing an additional 8 shares in the last quarter. Finally, Americana Partners LLC increased its stake in shares of ASML by 3.6% in the 4th quarter. Americana Partners LLC now owns 11,502 shares of the semiconductor company’s stock worth $12,306,000 after acquiring an additional 404 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML opened at $1,632.90 on Monday. The stock has a fifty day simple moving average of $1,433.13 and a two-hundred day simple moving average of $1,299.30. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $642.19 billion, a PE ratio of 58.57, a price-to-earnings-growth ratio of 1.34 and a beta of 1.81. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,653.53.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The firm had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. As a group, equities analysts forecast that ASML Holding N.V. will post 37.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ASML shares. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, April 8th. Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Royal Bank Of Canada raised their target price on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Finally, Susquehanna reaffirmed a “positive” rating on shares of ASML in a research note on Thursday, April 9th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average target price of $1,504.38.

ASML 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.