Cibc World Market Inc. Buys 19,184 Shares of ASML Holding N.V. $ASML

Cibc World Market Inc. increased its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 28.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 86,982 shares of the semiconductor company’s stock after acquiring an additional 19,184 shares during the quarter. Cibc World Market Inc.’s holdings in ASML were worth $93,058,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of ASML. Family Capital Management Inc. lifted its holdings in ASML by 0.8% in the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after buying an additional 7 shares during the period. 44 Wealth Management LLC lifted its holdings in ASML by 1.1% in the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock valued at $703,000 after buying an additional 7 shares during the period. Sky Investment Group LLC lifted its holdings in ASML by 2.1% in the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after buying an additional 8 shares during the period. White Lighthouse Investment Management Inc. lifted its holdings in ASML by 2.2% in the fourth quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock valued at $390,000 after buying an additional 8 shares during the period. Finally, Main Management ETF Advisors LLC lifted its holdings in ASML by 1.0% in the fourth quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company’s stock valued at $838,000 after buying an additional 8 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Trading Up 1.2%

ASML opened at $1,726.36 on Thursday. The firm’s fifty day moving average is $1,478.55 and its two-hundred day moving average is $1,333.83. 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 firm has a market cap of $678.94 billion, a PE ratio of 61.92, a price-to-earnings-growth ratio of 1.40 and a beta of 1.82. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,743.27.

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ASML. Morgan Stanley restated an “overweight” rating on shares of ASML in a report on Wednesday. Wells Fargo & Company restated an “overweight” rating and issued a $1,750.00 price objective on shares of ASML in a report on Thursday, April 16th. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday. Finally, Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,589.63.

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.