Hsbc Holdings PLC Decreases Stock Holdings in ASML Holding N.V. $ASML

Hsbc Holdings PLC lowered its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 25.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,617 shares of the semiconductor company’s stock after selling 2,972 shares during the period. Hsbc Holdings PLC’s holdings in ASML were worth $9,237,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ASML. Cedarwood Wealth LLC purchased a new stake in ASML during the 4th quarter worth about $217,000. Worthington Financial Partners LLC purchased a new stake in ASML during the fourth quarter worth approximately $536,000. Pure Financial Advisors LLC boosted its holdings in ASML by 2.0% in the fourth quarter. Pure Financial Advisors LLC now owns 929 shares of the semiconductor company’s stock valued at $994,000 after purchasing an additional 18 shares in the last quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in ASML in the fourth quarter valued at approximately $2,140,000. Finally, Rehmann Capital Advisory Group increased its stake in ASML by 18.9% in the fourth quarter. Rehmann Capital Advisory Group now owns 958 shares of the semiconductor company’s stock valued at $1,028,000 after purchasing an additional 152 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Berenberg Bank reissued a “buy” rating on shares of ASML in a research report on Friday, May 8th. Weiss Ratings lowered ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $1,772.62.

ASML Trading Down 2.5%

Shares of ASML stock opened at $1,794.62 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The company has a market capitalization of $705.80 billion, a P/E ratio of 64.37, a PEG ratio of 1.40 and a beta of 1.82. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,959.04. The company’s fifty day moving average is $1,628.47 and its two-hundred day moving average is $1,424.18.

ASML (NASDAQ:ASML) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The business had revenue of $10.15 billion during the quarter. Analysts forecast that ASML Holding N.V. will post 36.69 earnings per share 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.