Collaborative Fund Advisors LLC Makes New Investment in ASML Holding N.V. $ASML

Collaborative Fund Advisors LLC bought a new position in ASML Holding N.V. (NASDAQ:ASML) during the first quarter, HoldingsChannel.com reports. The fund bought 524 shares of the semiconductor company’s stock, valued at approximately $692,000.

Several other hedge funds have also recently made changes to their positions in ASML. Arrowstreet Capital Limited Partnership grew its position in ASML by 195.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after acquiring an additional 1,022,532 shares in the last quarter. Capital International Investors increased its stake in ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after acquiring an additional 577,448 shares during the last quarter. Alliancebernstein L.P. raised its position in ASML by 75.6% during the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after purchasing an additional 340,518 shares during the period. Van ECK Associates Corp lifted its stake 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 valued at $2,079,948,000 after purchasing an additional 305,435 shares during the last quarter. Finally, BlueSpruce Investments LP lifted its stake in shares of ASML by 18,861.1% in the 3rd quarter. BlueSpruce Investments LP now owns 244,977 shares of the semiconductor company’s stock valued at $237,160,000 after purchasing an additional 243,685 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Sanford C. Bernstein restated a “buy” rating on shares of ASML in a research report on Monday, June 15th. Royal Bank Of Canada lifted their price objective on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, Citigroup reissued a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,772.62.

ASML Stock Performance

ASML opened at $1,769.32 on Monday. 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 stock’s 50 day moving average price is $1,668.56 and its 200-day moving average price is $1,452.61. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96. The stock has a market cap of $695.84 billion, a price-to-earnings ratio of 63.46, a P/E/G ratio of 1.34 and a beta of 1.78.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion during the quarter. On average, equities analysts forecast that ASML Holding N.V. will post 36.62 EPS 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.