Walter Public Investments Inc. Cuts Holdings in ASML Holding N.V. $ASML

Walter Public Investments Inc. reduced its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 39.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,971 shares of the semiconductor company’s stock after selling 8,321 shares during the period. ASML comprises about 4.1% of Walter Public Investments Inc.’s investment portfolio, making the stock its 5th largest holding. Walter Public Investments Inc.’s holdings in ASML were worth $17,132,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ASML. Cornerstone Financial Management LLC bought a new position in shares of ASML during the 4th quarter worth approximately $26,000. Binnacle Investments Inc lifted its position in shares of 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 in the last quarter. Resources Management Corp CT ADV boosted its holdings in ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 23 shares during the last quarter. North Star Investment Management Corp. grew 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 valued at $29,000 after purchasing an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc bought a new position in ASML in the fourth quarter valued at $30,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

Shares of ASML stock opened at $1,769.32 on Friday. The company has a fifty day moving average price of $1,668.56 and a two-hundred day moving average price of $1,450.06. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96. The stock has a market cap of $695.84 billion, a P/E ratio of 63.46, a P/E/G ratio of 1.34 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The company 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%. As a group, equities analysts predict that ASML Holding N.V. will post 36.62 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ASML shares. JPMorgan Chase & Co. lifted their price target on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. DZ Bank restated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Royal Bank Of Canada lifted their target price on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Weiss Ratings lowered ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Finally, Bank of America increased their price target on ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. 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. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus 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.