ASML Holding (NASDAQ:ASML) Holdings Increased by TB Alternative Assets Ltd.

TB Alternative Assets Ltd. boosted its position in ASML Holding (NASDAQ:ASML) by 94.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,009 shares of the semiconductor company’s stock after purchasing an additional 20,367 shares during the quarter. ASML comprises 6.5% of TB Alternative Assets Ltd.’s investment portfolio, making the stock its 6th biggest position. TB Alternative Assets Ltd.’s holdings in ASML were worth $27,836,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sunpointe LLC lifted its stake in ASML by 1.3% in the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after purchasing an additional 14 shares in the last quarter. Wealth Quarterback LLC lifted its stake in ASML by 1.1% in the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock worth $923,000 after purchasing an additional 15 shares in the last quarter. Sfmg LLC increased its holdings in shares of ASML by 3.0% in the 4th quarter. Sfmg LLC now owns 511 shares of the semiconductor company’s stock worth $354,000 after buying an additional 15 shares during the last quarter. Norinchukin Bank The increased its holdings in shares of ASML by 1.8% in the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company’s stock worth $594,000 after buying an additional 15 shares during the last quarter. Finally, Coppell Advisory Solutions LLC increased its holdings in shares of ASML by 18.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company’s stock worth $67,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of ASML stock opened at $753.02 on Friday. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The stock has a market capitalization of $296.25 billion, a price-to-earnings ratio of 36.20, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. The company has a fifty day moving average of $694.72 and a 200-day moving average of $711.27. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Equities research analysts expect that ASML Holding will post 25.17 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on ASML. Wells Fargo & Company decreased their price target on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Barclays reissued an “equal weight” rating on shares of ASML in a report on Tuesday, June 3rd. Citigroup reissued a “buy” rating on shares of ASML in a report on Monday, May 19th. Finally, Susquehanna decreased their price target on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $906.00.

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.