Louisbourg Investments Inc. Lowers Position in ASML Holding N.V. $ASML

Louisbourg Investments Inc. cut its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 53.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 300 shares of the semiconductor company’s stock after selling 350 shares during the quarter. Louisbourg Investments Inc.’s holdings in ASML were worth $396,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in ASML by 4.1% during the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after purchasing an additional 38,660 shares during the period. Gradient Investments LLC increased its position in shares of ASML by 424.3% during the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock valued at $15,393,000 after buying an additional 11,644 shares during the period. Grantham Mayo Van Otterloo & Co. LLC grew its stake in ASML by 314.0% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock worth $23,841,000 after purchasing an additional 18,677 shares during the period. Bingham Private Wealth LLC bought a new position in shares of ASML in the 4th quarter worth about $1,444,000. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of ASML by 3.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 22,467 shares of the semiconductor company’s stock valued at $24,036,000 after purchasing an additional 760 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Thursday, April 16th. DZ Bank restated a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a report on Monday, June 1st. Finally, Royal Bank Of Canada lifted their price target on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Four analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,772.62.

ASML Trading Down 2.5%

Shares of ASML stock opened at $1,794.62 on Friday. The company has a market cap of $705.79 billion, a PE ratio of 64.37, a price-to-earnings-growth ratio of 1.36 and a beta of 1.82. The stock’s 50 day simple moving average is $1,628.47 and its two-hundred day simple moving average is $1,424.18. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,959.04. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78.

ASML (NASDAQ:ASML) last released its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion during the quarter. Research analysts predict that ASML Holding N.V. will post 36.69 earnings per share for the current year.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.