Bank of Montreal Can raised its holdings in ASML Holding NV (NASDAQ:ASML) by 21.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,442 shares of the semiconductor company’s stock after buying an additional 2,924 shares during the quarter. Bank of Montreal Can’s holdings in ASML were worth $3,092,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of ASML. WCM Investment Management LLC bought a new stake in shares of ASML in the 4th quarter worth approximately $427,419,000. FMR LLC lifted its stake in shares of ASML by 21.2% in the 4th quarter. FMR LLC now owns 3,269,181 shares of the semiconductor company’s stock valued at $508,750,000 after purchasing an additional 572,053 shares during the period. Segantii Capital Management Ltd purchased a new position in shares of ASML in the 4th quarter valued at approximately $47,057,000. Deutsche Bank AG lifted its stake in shares of ASML by 2,244.2% in the 4th quarter. Deutsche Bank AG now owns 288,661 shares of the semiconductor company’s stock valued at $44,920,000 after purchasing an additional 276,347 shares during the period. Finally, Norges Bank purchased a new position in shares of ASML in the 4th quarter valued at approximately $34,326,000. Hedge funds and other institutional investors own 16.24% of the company’s stock.
A number of research analysts have recently commented on ASML shares. Royal Bank of Canada restated a “buy” rating on shares of ASML in a research note on Thursday, April 18th. Zacks Investment Research upgraded ASML from a “hold” rating to a “buy” rating and set a $179.00 target price for the company in a research note on Wednesday, January 23rd. Goldman Sachs Group cut ASML from a “conviction-buy” rating to a “buy” rating in a research note on Monday, April 15th. Liberum Capital upgraded ASML from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. Finally, BidaskClub upgraded ASML from a “hold” rating to a “buy” rating in a research note on Tuesday, April 30th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $201.80.
ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $1.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.89. The business had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.10 billion. ASML had a return on equity of 22.70% and a net margin of 23.66%. The firm’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.26 earnings per share. As a group, research analysts expect that ASML Holding NV will post 7.1 earnings per share for the current fiscal year.
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ASML Company Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.
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