Daiwa Securities Group Inc. lifted its position in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 13.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,680 shares of the semiconductor company’s stock after acquiring an additional 1,170 shares during the quarter. Daiwa Securities Group Inc.’s holdings in ASML were worth $10,356,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in ASML. Capital International Investors lifted its holdings in shares of ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after purchasing an additional 577,448 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of ASML in the 3rd quarter worth approximately $505,510,000. Regents of The University of California bought a new stake in shares of ASML in the 3rd quarter worth approximately $413,335,000. Alliancebernstein L.P. lifted its holdings in shares of ASML by 75.6% in the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after purchasing an additional 340,518 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of ASML by 16.6% in the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after purchasing an additional 305,435 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.
ASML Stock Down 6.6%
Shares of ASML stock opened at $1,641.74 on Friday. The business’s fifty day moving average price is $1,490.67 and its two-hundred day moving average price is $1,341.23. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The company has a market capitalization of $645.66 billion, a P/E ratio of 58.89, a PEG ratio of 1.35 and a beta of 1.82. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,779.29.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on ASML. Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Zacks Research raised ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a report on Monday, June 1st. Berenberg Bank reissued a “buy” rating on shares of ASML in a report on Friday, May 8th. Finally, Susquehanna reaffirmed a “positive” rating on shares of ASML in a research note on Thursday, April 9th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,589.63.
Read Our Latest Stock Analysis on ASML
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.
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