Stablepoint Partners LLC Invests $206,000 in ASML Holding (NASDAQ:ASML)

Stablepoint Partners LLC bought a new position in ASML Holding (NASDAQ:ASML) during the first quarter, Holdings Channel reports. The fund bought 311 shares of the semiconductor company’s stock, valued at approximately $206,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ASML. Wellington Shields & Co. LLC raised its stake in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC bought a new position in ASML during the fourth quarter valued at about $31,000. Roxbury Financial LLC acquired a new stake in ASML in the 4th quarter worth approximately $39,000. Tradewinds Capital Management LLC lifted its stake in shares of ASML by 96.7% in the fourth quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company’s stock worth $41,000 after buying an additional 29 shares during the last quarter. Finally, Investment Management Corp VA ADV acquired a new position in ASML during the 4th quarter worth $46,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Barclays reiterated an “equal weight” rating on shares of ASML in a report on Tuesday. Wells Fargo & Company cut their price target on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Susquehanna reduced their target price on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research note on Thursday, April 17th. Finally, Citigroup restated a “buy” rating on shares of ASML in a research report on Monday, May 19th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $906.00.

ASML Stock Performance

Shares of NASDAQ:ASML opened at $753.02 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $296.25 billion, a P/E ratio of 36.20, a P/E/G ratio of 1.62 and a beta of 1.74. The business has a 50-day moving average price of $694.72 and a two-hundred day moving average price of $710.91. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts’ consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Equities analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

ASML Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.