Thrivent Financial for Lutherans Raises Stake in ASML Holding N.V. $ASML

Thrivent Financial for Lutherans grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 189.5% in the fourth quarter, Holdings Channel reports. The firm owned 2,918 shares of the semiconductor company’s stock after acquiring an additional 1,910 shares during the period. Thrivent Financial for Lutherans’ holdings in ASML were worth $3,125,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Family Capital Management Inc. lifted its stake in ASML by 0.8% in the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after acquiring an additional 7 shares during the period. Sky Investment Group LLC lifted its stake in ASML by 2.1% in the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock worth $411,000 after acquiring an additional 8 shares during the period. BOS Asset Management LLC lifted its stake in ASML by 2.4% in the fourth quarter. BOS Asset Management LLC now owns 377 shares of the semiconductor company’s stock worth $403,000 after acquiring an additional 9 shares during the period. Foster Victor Wealth Advisors LLC lifted its stake in ASML by 1.2% in the fourth quarter. Foster Victor Wealth Advisors LLC now owns 765 shares of the semiconductor company’s stock worth $818,000 after acquiring an additional 9 shares during the period. Finally, Global Assets Advisory LLC lifted its stake in ASML by 2.3% in the third quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock worth $438,000 after acquiring an additional 10 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of ASML stock opened at $1,632.90 on Friday. The company has a market capitalization of $642.19 billion, a PE ratio of 58.57, a P/E/G ratio of 1.34 and a beta of 1.81. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The company has a 50-day simple moving average of $1,433.13 and a two-hundred day simple moving average of $1,297.67. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,653.53.

ASML (NASDAQ:ASML) last posted its quarterly earnings data 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 firm had revenue of $10.15 billion for the quarter. Research analysts expect that ASML Holding N.V. will post 37.1 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. TD Cowen reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Royal Bank Of Canada upped their price objective on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Barclays raised shares of ASML to a “buy” rating in a research note on Tuesday, May 19th. Citigroup reiterated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Finally, Susquehanna reiterated a “positive” rating on shares of ASML in a report on Thursday, April 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $1,504.38.

ASML 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.