STF Management LP Has $585,000 Stake in ASML Holding N.V. $ASML

STF Management LP lowered its position in ASML Holding N.V. (NASDAQ:ASML) by 60.4% during the fourth quarter, Holdings Channel reports. The firm owned 547 shares of the semiconductor company’s stock after selling 834 shares during the period. STF Management LP’s holdings in ASML were worth $585,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ASML. Capital International Investors lifted its position in shares of ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after purchasing an additional 577,448 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in shares of ASML in the 3rd quarter valued at about $505,510,000. Regents of The University of California acquired a new position in shares of ASML in the 3rd quarter valued at about $413,335,000. WCM Investment Management LLC lifted its stake in shares of ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after purchasing an additional 385,502 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in shares of ASML by 75.6% in the 3rd quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after purchasing an additional 340,518 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 5.2%

ASML stock opened at $1,501.81 on Friday. The stock’s 50 day simple moving average is $1,414.78 and its 200 day simple moving average is $1,280.97. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,603.49. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The company has a market cap of $590.63 billion, a P/E ratio of 53.87, a price-to-earnings-growth ratio of 1.23 and a beta of 1.81.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion for the quarter. On average, research analysts expect that ASML Holding N.V. will post 37.09 earnings per share for the current fiscal year.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: ASML and Tata Electronics signed a deal to support an advanced chip fab project in Gujarat, India, highlighting new growth opportunities for ASML in a major emerging semiconductor market. Dutch chip giant ASML signs deal with Tata to power India semiconductor plant
• Positive Sentiment: Multiple reports said the Tata-ASML agreement strengthens India’s semiconductor push, which could boost long-term demand for ASML’s lithography systems. Tata Electronics partners with ASML for its $11Bn chip manufacturing project
• Positive Sentiment: Goldman Sachs reiterated its “Buy” rating on ASML, adding to investor confidence in the stock’s outlook. ASML’s (ASML) “Buy” Rating Reiterated at The Goldman Sachs Group
• Positive Sentiment: JPMorgan also reaffirmed its “Buy” rating, while brokerage coverage continues to point to a consensus “Moderate Buy” for ASML. ASML – JP Morgan reiterates its buy rating

Analyst Ratings Changes

A number of brokerages have recently issued reports on ASML. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a research note on Wednesday. DZ Bank reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Zacks Research downgraded shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Finally, Wall Street Zen downgraded shares of ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,504.38.

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.