Prospera Financial Services Inc Sells 378 Shares of ASML Holding N.V. $ASML

Prospera Financial Services Inc decreased its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 6.9% during the fourth quarter, Holdings Channel reports. The firm owned 5,080 shares of the semiconductor company’s stock after selling 378 shares during the quarter. Prospera Financial Services Inc’s holdings in ASML were worth $5,438,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Capstone Wealth Management Group LLC lifted its position in ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares during the period. AQR Capital Management LLC lifted its position in ASML by 141.1% during the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after purchasing an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in ASML by 153.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after purchasing an additional 10,411 shares during the period. Sivia Capital Partners LLC lifted its position in ASML by 1.3% during the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after purchasing an additional 15 shares during the period. Finally, NewEdge Advisors LLC lifted its position in ASML by 5.2% during the second quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after purchasing an additional 559 shares during the period. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the topic of a number of research analyst reports. TD Cowen restated a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a research report on Friday, May 15th. Sanford C. Bernstein restated a “buy” rating on shares of ASML in a research report on Thursday, April 23rd. Royal Bank Of Canada increased their price objective on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Finally, Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a report on Wednesday, April 8th. Three investment 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. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,504.38.

ASML Price Performance

Shares of ASML stock opened at $1,632.90 on Monday. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,653.53. The stock has a market cap of $642.19 billion, a P/E ratio of 58.57, a P/E/G ratio of 1.34 and a beta of 1.81. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The company has a 50 day simple moving average of $1,433.13 and a two-hundred day simple moving average of $1,299.30.

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

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.