ASML Holding (NASDAQ:ASML) Shares Sold by First Pacific Financial

First Pacific Financial lowered its stake in shares of ASML Holding (NASDAQ:ASML) by 1.6% in the fourth quarter, HoldingsChannel reports. The fund owned 1,077 shares of the semiconductor company’s stock after selling 18 shares during the quarter. First Pacific Financial’s holdings in ASML were worth $746,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. DekaBank Deutsche Girozentrale increased its stake in ASML by 10.1% during the second quarter. DekaBank Deutsche Girozentrale now owns 261 shares of the semiconductor company’s stock worth $270,000 after acquiring an additional 24 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new stake in shares of ASML during the 2nd quarter worth about $201,000. Moors & Cabot Inc. increased its position in ASML by 10.0% during the 2nd quarter. Moors & Cabot Inc. now owns 1,119 shares of the semiconductor company’s stock worth $1,144,000 after purchasing an additional 102 shares in the last quarter. Bradley Foster & Sargent Inc. CT raised its holdings in ASML by 74.7% in the second quarter. Bradley Foster & Sargent Inc. CT now owns 3,526 shares of the semiconductor company’s stock valued at $3,606,000 after buying an additional 1,508 shares during the period. Finally, Blair William & Co. IL lifted its position in ASML by 11.8% during the second quarter. Blair William & Co. IL now owns 16,181 shares of the semiconductor company’s stock valued at $16,549,000 after buying an additional 1,711 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of research reports. Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Susquehanna lowered their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. JPMorgan Chase & Co. reduced their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Sanford C. Bernstein reduced their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Price Performance

Shares of NASDAQ ASML opened at $750.28 on Friday. The business has a 50 day moving average price of $703.52 and a two-hundred day moving average price of $801.32. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The firm has a market cap of $295.18 billion, a PE ratio of 39.28, a price-to-earnings-growth ratio of 2.30 and a beta of 1.47. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The business had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. Sell-side analysts expect that ASML Holding will post 20.57 earnings per share for the current fiscal year.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.