Bamco Inc. NY Sells 862 Shares of ASML Holding (NASDAQ:ASML)

Bamco Inc. NY lowered its position in ASML Holding (NASDAQ:ASML) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 53,067 shares of the semiconductor company’s stock after selling 862 shares during the quarter. Bamco Inc. NY’s holdings in ASML were worth $36,780,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of ASML. Kennebec Savings Bank lifted its position in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares during the period. Wellington Shields & Co. LLC raised its stake in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML during the 4th quarter worth about $31,000. Albion Financial Group UT boosted its position in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC bought a new stake in ASML in the fourth quarter valued at about $39,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 3.5 %

Shares of NASDAQ:ASML opened at $690.33 on Monday. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The firm has a market cap of $271.59 billion, a P/E ratio of 33.19, a P/E/G ratio of 1.62 and a beta of 1.75. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $680.84 and its two-hundred day moving average price is $702.41.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating analysts’ consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. As a group, research analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. dropped their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Susquehanna reduced their target price on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research note on Thursday, April 17th. Finally, Wells Fargo & Company dropped their target price on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $906.00.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.