GM Advisory Group LLC Decreases Stock Holdings in ASML Holding N.V. $ASML

GM Advisory Group LLC reduced its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 14.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,332 shares of the semiconductor company’s stock after selling 401 shares during the quarter. GM Advisory Group LLC’s holdings in ASML were worth $3,081,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Walkner Condon Financial Advisors LLC boosted its holdings in shares of ASML by 22.9% during the first quarter. Walkner Condon Financial Advisors LLC now owns 231 shares of the semiconductor company’s stock worth $305,000 after purchasing an additional 43 shares during the period. Howe & Rusling Inc. increased its holdings in ASML by 3.0% during the 1st quarter. Howe & Rusling Inc. now owns 6,635 shares of the semiconductor company’s stock valued at $8,764,000 after purchasing an additional 194 shares during the period. V Square Quantitative Management LLC increased its holdings in ASML by 4.2% during the 1st quarter. V Square Quantitative Management LLC now owns 1,377 shares of the semiconductor company’s stock valued at $1,819,000 after purchasing an additional 55 shares during the period. Hunter Associates Investment Management LLC bought a new position in ASML during the 1st quarter valued at approximately $222,000. Finally, Evolution Wealth Management Inc. raised its position in ASML by 22.6% during the 1st quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company’s stock valued at $50,000 after purchasing an additional 7 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Weiss Ratings lowered ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Berenberg Bank restated a “buy” rating on shares of ASML in a report on Friday, May 8th. Barclays reaffirmed a “buy” rating on shares of ASML in a research note on Monday, June 29th. Wall Street Zen cut shares of ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, UBS Group reissued a “buy” rating on shares of ASML in a research report on Wednesday. Four investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,772.62.

ASML Stock Performance

Shares of ASML stock opened at $1,769.32 on Friday. The company’s fifty day moving average price is $1,668.56 and its 200-day moving average price is $1,450.06. The stock has a market cap of $695.84 billion, a PE ratio of 63.46, a price-to-earnings-growth ratio of 1.34 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. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,999.96.

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 net margin of 27.65% and a return on equity of 48.69%. The company had revenue of $10.15 billion during the quarter. On average, equities analysts expect that ASML Holding N.V. will post 36.62 EPS for the current fiscal 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.