IPG Investment Advisors LLC Sells 643 Shares of ASML Holding N.V. $ASML

IPG Investment Advisors LLC lessened its holdings in ASML Holding N.V. (NASDAQ:ASML) by 13.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,262 shares of the semiconductor company’s stock after selling 643 shares during the period. IPG Investment Advisors LLC’s holdings in ASML were worth $4,560,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of ASML. Binnacle Investments Inc increased its position in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the last quarter. North Star Investment Management Corp. increased its position in ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in ASML in the fourth quarter worth $32,000. JPL Wealth Management LLC bought a new position in ASML during the third quarter valued at $34,000. Finally, Wealth Watch Advisors INC bought a new position in ASML during the third quarter valued at $34,000. Institutional investors own 26.07% of the company’s stock.

ASML Trading Down 2.1%

NASDAQ ASML opened at $1,597.87 on Thursday. The company’s 50-day moving average price is $1,448.93 and its 200-day moving average price is $1,311.69. 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 stock has a market cap of $628.41 billion, a PE ratio of 57.31, a PEG ratio of 1.34 and a beta of 1.81. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,653.53.

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

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ASML shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Royal Bank Of Canada boosted 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. Barclays upgraded shares of ASML to a “buy” rating in a research report on Tuesday, May 19th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Finally, Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $1,504.38.

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.