Easterly Investment Partners LLC Sells 793 Shares of ASML Holding N.V. $ASML

Easterly Investment Partners LLC lowered its holdings in ASML Holding N.V. (NASDAQ:ASML) by 31.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,752 shares of the semiconductor company’s stock after selling 793 shares during the period. Easterly Investment Partners LLC’s holdings in ASML were worth $1,874,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ASML. Binnacle Investments Inc increased its position in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares in the last quarter. North Star Investment Management Corp. grew its stake in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of ASML during the fourth quarter worth $32,000. JPL Wealth Management LLC bought a new stake in shares of ASML during the third quarter worth $34,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of ASML during the third quarter worth $34,000. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on ASML shares. Barclays upgraded shares of ASML to a “buy” rating in a research report on Tuesday, May 19th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research report on Friday, May 15th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research report on Wednesday, May 13th. Wall Street Zen cut shares of ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Finally, DZ Bank restated a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus price target of $1,504.38.

ASML Stock Up 1.0%

ASML opened at $1,628.57 on Tuesday. 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’s 50-day moving average is $1,463.66 and its 200 day moving average is $1,324.15. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,654.20. The firm has a market capitalization of $640.48 billion, a P/E ratio of 58.41, a PEG ratio of 1.32 and a beta of 1.82.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The business had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Research analysts expect that ASML Holding N.V. will post 37.1 earnings per share for the current fiscal 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.