Mesirow Financial Investment Management Inc. Trims Holdings in ASML Holding N.V. $ASML

Mesirow Financial Investment Management Inc. trimmed its position in ASML Holding N.V. (NASDAQ:ASML) by 66.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 373 shares of the semiconductor company’s stock after selling 752 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in ASML were worth $400,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Capital International Investors raised its holdings in ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after acquiring an additional 577,448 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in ASML during the third quarter valued at $505,510,000. Regents of The University of California purchased a new position in ASML during the third quarter valued at $413,335,000. WCM Investment Management LLC grew its stake in ASML by 24.9% during the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after acquiring an additional 385,502 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake in ASML by 75.6% during the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after acquiring an additional 340,518 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

Shares of NASDAQ:ASML opened at $1,501.81 on Friday. The company has a market capitalization of $590.63 billion, a price-to-earnings ratio of 53.87, a PEG ratio of 1.30 and a beta of 1.81. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,603.49. The firm’s 50-day moving average is $1,414.78 and its 200 day moving average is $1,280.97. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 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%. Research analysts predict that ASML Holding N.V. will post 37.09 EPS for the current year.

Analysts Set New Price Targets

ASML has been the subject of a number of research reports. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Santander downgraded ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Wednesday, April 8th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research report on Friday. Finally, Royal Bank Of Canada upped their price objective on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,504.38.

ASML Company 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.