ASML Holding N.V. $ASML Stock Position Increased by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lifted its position in ASML Holding N.V. (NASDAQ:ASML) by 13.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 9,680 shares of the semiconductor company’s stock after buying an additional 1,170 shares during the quarter. Daiwa Securities Group Inc.’s holdings in ASML were worth $10,356,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Regents of The University of California acquired a new position in shares of ASML in the 3rd quarter worth $413,335,000. Dimensional Fund Advisors LP grew its holdings in shares of ASML by 4.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after acquiring an additional 38,660 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of ASML by 34.5% in the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after acquiring an additional 4,001 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in shares of ASML by 314.0% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock worth $23,841,000 after acquiring an additional 18,677 shares during the last quarter. Finally, Gradient Investments LLC grew its holdings in shares of ASML by 424.3% in the 4th quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock worth $15,393,000 after acquiring an additional 11,644 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Weiss Ratings cut ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a report on Wednesday. JPMorgan Chase & Co. lifted their price target on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a report on Wednesday. Barclays reiterated an “overweight” rating on shares of ASML in a report on Thursday. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Wednesday, May 13th. Four analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $1,589.63.

ASML Stock Performance

Shares of ASML stock opened at $1,641.74 on Friday. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,779.29. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $645.66 billion, a price-to-earnings ratio of 58.89, a P/E/G ratio of 1.35 and a beta of 1.82. The stock’s fifty day simple moving average is $1,490.67 and its 200-day simple moving average is $1,341.23.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion for the quarter. On average, sell-side analysts predict that ASML Holding N.V. will post 36.93 earnings per share for the current fiscal 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.