Holowesko Partners Ltd. Sells 17,400 Shares of ASML Holding N.V. $ASML

Holowesko Partners Ltd. reduced its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 93.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,300 shares of the semiconductor company’s stock after selling 17,400 shares during the period. ASML comprises 0.5% of Holowesko Partners Ltd.’s investment portfolio, making the stock its 22nd biggest position. Holowesko Partners Ltd.’s holdings in ASML were worth $1,391,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of ASML. Regents of The University of California purchased a new position in shares of ASML during the third quarter valued at approximately $413,335,000. Dimensional Fund Advisors LP grew its position in ASML by 4.1% during the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after buying an additional 38,660 shares during the period. Principal Financial Group Inc. boosted its position in shares of ASML by 34.5% in the third quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after purchasing an additional 4,001 shares during the period. Grantham Mayo Van Otterloo & Co. LLC lifted its position in shares of ASML by 314.0% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock valued at $23,841,000 after acquiring an additional 18,677 shares in the last quarter. Finally, Gradient Investments LLC raised its stake in ASML by 424.3% during the 4th quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock valued at $15,393,000 after purchasing an additional 11,644 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of ASML stock opened at $1,641.74 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,779.29. The firm’s 50-day moving average is $1,490.67 and its two-hundred day moving average is $1,343.49. The stock has a market cap of $645.66 billion, a price-to-earnings ratio of 58.89, a PEG ratio of 1.31 and a beta of 1.82.

ASML (NASDAQ:ASML) last issued its 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 for the quarter. As a group, research analysts expect that ASML Holding N.V. will post 36.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ASML. DZ Bank restated a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, May 20th. JPMorgan Chase & Co. increased their target price on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Morningstar downgraded shares of ASML to a “sell” rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen downgraded shares of ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average price target of $1,589.63.

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.