Pacific Center for Financial Services trimmed its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 6.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,629 shares of the semiconductor company’s stock after selling 111 shares during the period. Pacific Center for Financial Services’ holdings in ASML Holding N.V. were worth $212,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tower Research Capital LLC TRC raised its holdings in shares of ASML Holding N.V. by 8.7% during the 1st quarter. Tower Research Capital LLC TRC now owns 1,075 shares of the semiconductor company’s stock valued at $143,000 after buying an additional 86 shares in the last quarter. FNY Managed Accounts LLC purchased a new position in ASML Holding N.V. in the 1st quarter worth approximately $199,000. Sit Investment Associates Inc. increased its stake in ASML Holding N.V. by 53.4% in the 2nd quarter. Sit Investment Associates Inc. now owns 1,726 shares of the semiconductor company’s stock worth $225,000 after purchasing an additional 601 shares during the period. American Trust Investment Advisors LLC purchased a new position in ASML Holding N.V. in the 2nd quarter worth approximately $229,000. Finally, Cim Investment Mangement Inc. purchased a new position in ASML Holding N.V. in the 1st quarter worth approximately $234,000. 16.08% of the stock is currently owned by institutional investors.
ASML Holding N.V. (NASDAQ:ASML) traded up 0.75% during trading on Tuesday, hitting $168.24. The stock had a trading volume of 564,495 shares. The stock has a 50 day moving average price of $155.23 and a 200-day moving average price of $138.86. The stock has a market cap of $72.43 billion, a price-to-earnings ratio of 32.64 and a beta of 1.09. ASML Holding N.V. has a 12 month low of $98.71 and a 12 month high of $168.69.
ASML Holding N.V. (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 19th. The semiconductor company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.02. ASML Holding N.V. had a return on equity of 18.48% and a net margin of 23.69%. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the prior year, the business posted $0.83 earnings per share. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. On average, equities analysts predict that ASML Holding N.V. will post $5.03 EPS for the current year.
ASML Holding N.V. announced that its Board of Directors has authorized a stock repurchase program on Wednesday, July 19th that allows the company to repurchase outstanding shares. This repurchase authorization allows the semiconductor company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is undervalued.
A number of equities analysts have commented on the company. B. Riley reaffirmed a “neutral” rating and issued a $122.00 price target on shares of ASML Holding N.V. in a research note on Monday, July 17th. Royal Bank Of Canada lifted their price target on ASML Holding N.V. from $135.00 to $155.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 20th. Susquehanna Bancshares Inc raised ASML Holding N.V. from a “neutral” rating to a “positive” rating and lifted their price target for the stock from $130.00 to $190.00 in a research note on Monday. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML Holding N.V. in a research note on Wednesday, June 7th. Finally, Zacks Investment Research cut ASML Holding N.V. from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. ASML Holding N.V. currently has a consensus rating of “Buy” and a consensus price target of $164.40.
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ASML Holding N.V. Profile
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
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