ABC Arbitrage SA Buys Shares of 7,406 ASML Holding N.V. $ASML

ABC Arbitrage SA purchased a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) in the 1st quarter, HoldingsChannel reports. The institutional investor purchased 7,406 shares of the semiconductor company’s stock, valued at approximately $9,782,000. ASML comprises 1.3% of ABC Arbitrage SA’s investment portfolio, making the stock its 17th biggest position.

Several other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC increased its position in ASML by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock valued at $4,798,268,000 after acquiring an additional 132,353 shares during the period. Bank of America Corp DE increased its stake in ASML by 8.3% during the 3rd quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock valued at $1,805,733,000 after buying an additional 142,763 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of ASML by 195.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock valued at $1,652,618,000 after acquiring an additional 1,022,532 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of ASML by 14.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock valued at $1,633,046,000 after acquiring an additional 193,068 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of ASML by 2.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,014,815 shares of the semiconductor company’s stock valued at $1,085,717,000 after acquiring an additional 23,999 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on ASML shares. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Sanford C. Bernstein boosted their target price on shares of ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Royal Bank Of Canada raised their price objective 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, Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,854.12.

ASML Trading Down 4.0%

Shares of NASDAQ ASML opened at $1,726.04 on Tuesday. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96. The firm has a market capitalization of $678.82 billion, a PE ratio of 61.91, a PEG ratio of 1.36 and a beta of 1.78. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The business has a 50-day moving average price of $1,711.42 and a two-hundred day moving average price of $1,483.36.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion for the quarter. As a group, analysts predict that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal year.

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.