Winslow Capital Management LLC cut its position in shares of ASML Holding NV (NASDAQ:ASML) by 4.3% in the first quarter, HoldingsChannel reports. The firm owned 1,891,178 shares of the semiconductor company’s stock after selling 84,629 shares during the period. ASML comprises about 2.0% of Winslow Capital Management LLC’s investment portfolio, making the stock its 12th largest holding. Winslow Capital Management LLC’s holdings in ASML were worth $375,512,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Financial Gravity Companies Inc. bought a new position in shares of ASML in the 4th quarter worth $100,000. Delek Group Ltd. bought a new position in shares of ASML in the 4th quarter worth $111,000. Clearwater Capital Advisors LLC bought a new position in shares of ASML in the 1st quarter worth $114,000. Institutional & Family Asset Management LLC bought a new position in shares of ASML in the 1st quarter worth $115,000. Finally, We Are One Seven LLC bought a new position in shares of ASML in the 4th quarter worth $117,000. 16.84% of the stock is owned by institutional investors and hedge funds.
ASML traded down $2.72, hitting $210.89, during trading hours on Thursday, MarketBeat reports. 8,472 shares of the stock traded hands, compared to its average volume of 541,587. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.91 and a current ratio of 2.94. The company has a market cap of $89.46 billion, a PE ratio of 37.86, a PEG ratio of 1.63 and a beta of 1.15. ASML Holding NV has a 1 year low of $126.03 and a 1 year high of $216.00.
ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, April 18th. The semiconductor company reported $1.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.38 by $0.17. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.23 billion. ASML had a return on equity of 21.49% and a net margin of 24.30%. The company’s quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.23 EPS. analysts predict that ASML Holding NV will post 6.9 EPS for the current fiscal year.
ASML has been the subject of several recent research reports. BidaskClub lowered ASML from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 21st. Mizuho began coverage on ASML in a research note on Monday, May 21st. They set a “buy” rating on the stock. ValuEngine upgraded ASML from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 20th. Finally, Santander downgraded ASML from a “buy” rating to a “hold” rating in a research note on Monday, March 19th. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $197.43.
ASML Company Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.
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