Louisbourg Investments Inc. Sells 350 Shares of ASML Holding N.V. $ASML

Louisbourg Investments Inc. lessened its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 53.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 300 shares of the semiconductor company’s stock after selling 350 shares during the period. Louisbourg Investments Inc.’s holdings in ASML were worth $396,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capstone Wealth Management Group LLC lifted its position in ASML by 5.2% during the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after acquiring an additional 124 shares during the period. AQR Capital Management LLC grew its position in shares of ASML by 141.1% during the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after acquiring an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in ASML by 153.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after acquiring an additional 10,411 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of ASML by 5.2% during the second quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after purchasing an additional 559 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Performance

NASDAQ ASML opened at $1,794.62 on Friday. The business’s 50-day moving average price is $1,628.47 and its 200 day moving average price is $1,424.18. 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 Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,959.04. The company has a market capitalization of $705.79 billion, a PE ratio of 64.37, a price-to-earnings-growth ratio of 1.36 and a beta of 1.82.

ASML (NASDAQ:ASML) last released its earnings results 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 firm had revenue of $10.15 billion during the quarter. On average, research analysts predict that ASML Holding N.V. will post 36.69 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on ASML shares. Morningstar cut ASML to a “sell” rating in a report on Wednesday, May 27th. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, June 11th. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a research note on Monday, June 15th. Finally, JPMorgan Chase & Co. boosted their target price on ASML from $1,813.00 to $2,200.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,772.62.

ASML 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.