Moody Lynn & Lieberson LLC Decreases Stake in ASML Holding N.V. (NASDAQ:ASML)

Moody Lynn & Lieberson LLC cut its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 7.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 592 shares of the semiconductor company’s stock after selling 48 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in ASML were worth $392,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Putney Financial Group LLC lifted its stake in shares of ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 29 shares in the last quarter. Wellington Shields & Co. LLC raised its holdings in 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 acquiring an additional 37 shares during the period. Pinnacle Bancorp Inc. purchased a new stake in shares of ASML during the first quarter worth $42,000. Alpine Bank Wealth Management bought a new position in shares of ASML in the first quarter worth $43,000. Finally, Investment Management Corp VA ADV purchased a new position in shares of ASML in the fourth quarter valued at $46,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 1.4%

ASML stock opened at $790.47 on Wednesday. The company’s 50 day moving average is $741.99 and its 200 day moving average is $721.28. The stock has a market cap of $310.99 billion, a price-to-earnings ratio of 33.31, a price-to-earnings-growth ratio of 1.55 and a beta of 1.73. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly 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. ASML had a net margin of 28.32% and a return on equity of 51.82%. The firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. Sell-side analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ASML. Wells Fargo & Company dropped their price objective on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Citigroup reissued a “buy” rating on shares of ASML in a report on Monday, May 19th. Jefferies Financial Group cut shares of ASML from a “buy” rating to a “hold” rating in a research note on Thursday, June 26th. Barclays reaffirmed an “equal weight” rating on shares of ASML in a report on Tuesday, June 3rd. Finally, Sanford C. Bernstein began coverage on shares of ASML in a report on Tuesday, June 17th. They issued a “market perform” rating and a $806.00 price target for the company. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target 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.