North Star Asset Management Inc. Sells 1,489 Shares of ASML Holding N.V. $ASML

North Star Asset Management Inc. cut its holdings in ASML Holding N.V. (NASDAQ:ASML) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,289 shares of the semiconductor company’s stock after selling 1,489 shares during the period. ASML makes up approximately 1.4% of North Star Asset Management Inc.’s portfolio, making the stock its 17th biggest position. North Star Asset Management Inc.’s holdings in ASML were worth $35,615,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Telos Capital Management Inc. raised its position in shares of ASML by 4.5% in the 3rd quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock worth $10,504,000 after acquiring an additional 463 shares in the last quarter. Regents of The University of California bought a new position in shares of ASML in the 3rd quarter worth about $413,335,000. Dimensional Fund Advisors LP raised its position in shares of ASML by 4.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after acquiring an additional 38,660 shares in the last quarter. Transcendent Capital Group LLC bought a new stake in ASML in the 3rd quarter valued at about $680,000. Finally, Principal Financial Group Inc. increased its position in ASML by 34.5% in the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after buying an additional 4,001 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on ASML shares. Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 16th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, May 13th. UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday. Finally, Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,504.38.

ASML Price Performance

ASML stock opened at $1,632.90 on Friday. The company has a market capitalization of $642.19 billion, a P/E ratio of 58.57, a price-to-earnings-growth ratio of 1.34 and a beta of 1.81. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,653.53. The business has a 50-day simple moving average of $1,433.13 and a two-hundred day simple moving average of $1,297.67.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The business had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Research analysts expect that ASML Holding N.V. will post 37.1 EPS for the current fiscal year.

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.