Rathbones Group PLC Has $525,000 Stake in ASML Holding N.V. $ASML

Rathbones Group PLC reduced its position in ASML Holding N.V. (NASDAQ:ASML) by 38.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 491 shares of the semiconductor company’s stock after selling 311 shares during the quarter. Rathbones Group PLC’s holdings in ASML were worth $525,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Midwest Professional Planners LTD. bought a new position in ASML in the 4th quarter valued at about $526,000. Adell Harriman & Carpenter Inc. increased its holdings in ASML by 52.6% in the 4th quarter. Adell Harriman & Carpenter Inc. now owns 1,630 shares of the semiconductor company’s stock valued at $1,744,000 after buying an additional 562 shares during the period. Intrust Bank NA increased its holdings in ASML by 1.3% in the 4th quarter. Intrust Bank NA now owns 1,993 shares of the semiconductor company’s stock valued at $2,132,000 after buying an additional 26 shares during the period. Hardy Reed LLC increased its holdings in ASML by 1.4% in the 4th quarter. Hardy Reed LLC now owns 650 shares of the semiconductor company’s stock valued at $695,000 after buying an additional 9 shares during the period. Finally, Jag Capital Management LLC increased its holdings in ASML by 5.5% in the 4th quarter. Jag Capital Management LLC now owns 14,781 shares of the semiconductor company’s stock valued at $15,814,000 after buying an additional 765 shares during the period. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ASML has been the topic of several recent analyst reports. Barclays raised shares of ASML to a “buy” rating in a report on Tuesday, May 19th. Susquehanna reissued a “positive” rating on shares of ASML in a report on Thursday, April 9th. Zacks Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Wall Street Zen lowered shares of ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $1,750.00 price target on shares of ASML in a report on Thursday, April 16th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $1,504.38.

ASML Trading Up 2.6%

ASML opened at $1,632.90 on Friday. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,653.53. 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 firm has a market capitalization of $642.19 billion, a price-to-earnings ratio of 58.57, a PEG ratio of 1.34 and a beta of 1.81. The company’s 50 day moving average price is $1,433.13 and its two-hundred day moving average price is $1,297.67.

ASML (NASDAQ:ASML) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion for the quarter. As a group, research analysts predict that ASML Holding N.V. will post 37.1 earnings per share for the current 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.