Global X Japan Co. Ltd. Sells 873 Shares of ASML Holding N.V. (NASDAQ:ASML)

Global X Japan Co. Ltd. lessened its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 11.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,924 shares of the semiconductor company’s stock after selling 873 shares during the quarter. ASML comprises 0.5% of Global X Japan Co. Ltd.’s investment portfolio, making the stock its 28th biggest holding. Global X Japan Co. Ltd.’s holdings in ASML were worth $4,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in ASML. Wellington Shields & Co. LLC boosted its position 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 worth $29,000 after purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in ASML in the fourth quarter worth approximately $31,000. Tradewinds Capital Management LLC boosted its holdings in ASML by 96.7% in the fourth quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 29 shares in the last quarter. Investment Management Corp VA ADV bought a new position in shares of ASML in the 4th quarter worth $46,000. Finally, Bradley & Co. Private Wealth Management LLC bought a new position in shares of ASML in the 4th quarter worth $51,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 0.2%

ASML opened at $761.64 on Thursday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The company’s 50-day moving average is $716.80 and its 200 day moving average is $716.41. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. The firm has a market capitalization of $299.64 billion, a P/E ratio of 32.10, a PEG ratio of 1.47 and a beta of 1.74.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. Research analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ASML. Susquehanna dropped their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research note on Thursday, April 17th. Wells Fargo & Company dropped their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Sanford C. Bernstein started coverage on shares of ASML in a research report on Tuesday. They issued a “market perform” rating and a $806.00 price target on the stock. Barclays reaffirmed an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Finally, Citigroup restated a “buy” rating on shares of ASML in a report on Monday, May 19th. Four research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $913.80.

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.