Capital International Investors Sells 509,733 Shares of ASML Holding N.V. $ASML

Capital International Investors lowered its position in ASML Holding N.V. (NASDAQ:ASML) by 13.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,409,421 shares of the semiconductor company’s stock after selling 509,733 shares during the period. Capital International Investors owned about 0.87% of ASML worth $3,648,620,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership bought a new position in ASML during the 3rd quarter worth about $505,510,000. Regents of The University of California bought a new position in ASML during the 3rd quarter worth about $413,335,000. Alliancebernstein L.P. increased its holdings in ASML by 75.6% during 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 in the last quarter. Van ECK Associates Corp increased its holdings in ASML by 16.6% during 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 in the last quarter. Finally, BlueSpruce Investments LP increased its holdings in ASML by 18,861.1% during the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock worth $237,160,000 after purchasing an additional 243,685 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research reports. Wells Fargo & Company reiterated an “overweight” rating and set a $1,750.00 target price on shares of ASML in a report on Thursday, April 16th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a report on Wednesday. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a report on Monday, May 25th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada increased their target price on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,589.63.

ASML Trading Down 6.6%

Shares of NASDAQ:ASML opened at $1,641.74 on Friday. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,779.29. The company has a market capitalization of $645.66 billion, a P/E ratio of 58.89, a price-to-earnings-growth ratio of 1.35 and a beta of 1.82. The company has a 50-day simple moving average of $1,490.67 and a 200 day simple moving average of $1,341.23. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The business had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Sell-side analysts forecast that ASML Holding N.V. will post 36.93 earnings per share for the current year.

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.