Capital International Sarl Sells 6,391 Shares of ASML Holding N.V. $ASML

Capital International Sarl cut its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 10.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 52,970 shares of the semiconductor company’s stock after selling 6,391 shares during the period. ASML accounts for about 0.9% of Capital International Sarl’s investment portfolio, making the stock its 28th largest holding. Capital International Sarl’s holdings in ASML were worth $56,670,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Regents of The University of California bought a new stake in shares of ASML during the third quarter valued at approximately $413,335,000. Dimensional Fund Advisors LP increased its position in shares of 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 purchasing an additional 38,660 shares during the period. Principal Financial Group Inc. increased its position in shares of ASML by 34.5% during the third quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after purchasing an additional 4,001 shares during the period. Gradient Investments LLC increased its position in shares of ASML by 424.3% during the fourth 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. Finally, Grantham Mayo Van Otterloo & Co. LLC increased its position in shares of ASML by 314.0% during 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 purchasing an additional 18,677 shares during the period. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. JPMorgan Chase & Co. lifted their price objective on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a report on Wednesday. Berenberg Bank reissued a “buy” rating on shares of ASML in a report on Friday, May 8th. Barclays reissued an “overweight” rating on shares of ASML in a report on Thursday. Finally, DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average price target of $1,589.63.

ASML Stock Down 6.6%

Shares of NASDAQ ASML opened at $1,641.74 on Friday. The business has a fifty day moving average of $1,490.67 and a two-hundred day moving average of $1,341.23. 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 stock has a market cap of $645.66 billion, a PE ratio of 58.89, a PEG ratio of 1.35 and a beta of 1.82. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,779.29.

ASML (NASDAQ:ASML) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion during the quarter. As a group, equities research analysts expect that ASML Holding N.V. will post 36.93 earnings per share for the current fiscal year.

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.