Louisbourg Investments Inc. Purchases 300 Shares of ASML Holding (NASDAQ:ASML)

Louisbourg Investments Inc. grew its stake in shares of ASML Holding (NASDAQ:ASML) by 33.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,200 shares of the semiconductor company’s stock after purchasing an additional 300 shares during the period. Louisbourg Investments Inc.’s holdings in ASML were worth $795,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Wellington Shields & Co. LLC boosted its stake in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML during the 4th quarter valued at about $31,000. Tradewinds Capital Management LLC boosted its stake in shares of ASML by 96.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 29 shares in the last quarter. Investment Management Corp VA ADV bought a new stake in shares of ASML during the 4th quarter valued at about $46,000. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in shares of ASML during the 4th quarter valued at about $51,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 1.9%

Shares of ASML stock opened at $775.23 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market capitalization of $304.99 billion, a PE ratio of 37.27, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a 50-day simple moving average of $713.86 and a two-hundred day simple moving average of $715.79.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ASML shares. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Monday, May 19th. Barclays reissued an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Susquehanna lowered their price target on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research report on Thursday, April 17th. Finally, Wells Fargo & Company lowered their price target on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently 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.