Capital International Investors Sells 509,733 Shares of ASML Holding N.V. $ASML

Capital International Investors trimmed its position in ASML Holding N.V. (NASDAQ:ASML) by 13.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,409,421 shares of the semiconductor company’s stock after selling 509,733 shares during the quarter. Capital International Investors’ holdings in ASML were worth $3,648,620,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in ASML. Binnacle Investments Inc grew its stake in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares during the last quarter. North Star Investment Management Corp. grew its stake in shares of ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of ASML during the fourth quarter worth $32,000. Evolution Wealth Management Inc. bought a new stake in shares of ASML during the fourth quarter worth $33,000. Finally, JPL Wealth Management LLC bought a new stake in shares of ASML during the third quarter worth $34,000. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

ASML stock opened at $1,641.74 on Friday. The stock has a market capitalization of $645.66 billion, a PE ratio of 58.89, a price-to-earnings-growth ratio of 1.35 and a beta of 1.82. The company’s 50-day moving average is $1,490.67 and its 200-day moving average is $1,341.23. 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 Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,779.29.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The company had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Equities research analysts expect that ASML Holding N.V. will post 36.93 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have weighed in on ASML. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, May 13th. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a report on Monday, May 25th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,589.63.

About ASML

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.