ASML Holding (NASDAQ:ASML) Shares Sold by LRI Investments LLC

LRI Investments LLC trimmed its position in shares of ASML Holding (NASDAQ:ASML) by 46.5% during the fourth quarter, HoldingsChannel reports. The fund owned 678 shares of the semiconductor company’s stock after selling 589 shares during the quarter. LRI Investments LLC’s holdings in ASML were worth $470,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Steigerwald Gordon & Koch Inc. grew its position in ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after buying an additional 14 shares during the period. Cyndeo Wealth Partners LLC grew its position in ASML by 0.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after buying an additional 14 shares during the period. Trust Point Inc. grew its position in ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after buying an additional 14 shares during the period. Sunpointe LLC grew its position in ASML by 1.3% during the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after buying an additional 14 shares during the period. Finally, Wealth Quarterback LLC grew its position in ASML by 1.1% during the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock worth $923,000 after buying an additional 15 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Down 0.3%

ASML stock opened at $706.21 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm has a market capitalization of $277.84 billion, a PE ratio of 33.95, a P/E/G ratio of 1.62 and a beta of 1.75. The company’s 50 day simple moving average is $679.19 and its 200-day simple moving average is $701.72. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09.

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

Wall Street Analyst Weigh In

Several brokerages have weighed in on ASML. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. lowered their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Wells Fargo & Company lowered their price target on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Finally, Susquehanna lowered their price target on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $906.00.

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.