Hansberger Growth Investors LP reduced its stake in ASML Holding NV (NASDAQ:ASML) by 6.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,915 shares of the semiconductor company’s stock after selling 4,609 shares during the period. ASML makes up about 15.2% of Hansberger Growth Investors LP’s investment portfolio, making the stock its biggest holding. Hansberger Growth Investors LP’s holdings in ASML were worth $11,285,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Janus Henderson Group PLC purchased a new position in ASML in the 2nd quarter valued at about $202,888,000. Winslow Capital Management LLC purchased a new position in ASML in the 2nd quarter valued at about $188,068,000. Whale Rock Capital Management LLC purchased a new position in ASML in the 3rd quarter valued at about $66,938,000. Artisan Partners Limited Partnership boosted its position in ASML by 8.7% in the 3rd quarter. Artisan Partners Limited Partnership now owns 2,422,603 shares of the semiconductor company’s stock valued at $414,750,000 after buying an additional 193,896 shares during the last quarter. Finally, Capital World Investors boosted its position in ASML by 0.6% in the 2nd quarter. Capital World Investors now owns 25,172,077 shares of the semiconductor company’s stock valued at $3,280,173,000 after buying an additional 153,276 shares during the last quarter. Hedge funds and other institutional investors own 16.59% of the company’s stock.
A number of equities analysts have weighed in on ASML shares. Zacks Investment Research cut shares of ASML from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Susquehanna Bancshares raised shares of ASML from a “neutral” rating to a “positive” rating and increased their price target for the stock from $130.00 to $190.00 in a research report on Monday, September 18th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $184.00 price target (up previously from $172.50) on shares of ASML in a research report on Thursday, September 21st. Royal Bank of Canada reaffirmed a “hold” rating and set a $155.00 price target on shares of ASML in a research report on Tuesday, October 3rd. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research report on Tuesday, October 3rd. Six analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. ASML currently has a consensus rating of “Buy” and an average price target of $178.29.
ASML Holding NV (NASDAQ ASML) traded up $177.73 on Tuesday, reaching $177.73. 818,600 shares of the company traded hands, compared to its average volume of 948,905. ASML Holding NV has a 52-week low of $109.62 and a 52-week high of $186.37. The firm has a market capitalization of $76,890.00, a price-to-earnings ratio of 31.97, a price-to-earnings-growth ratio of 1.58 and a beta of 1.14. The company has a current ratio of 2.79, a quick ratio of 1.78 and a debt-to-equity ratio of 0.29.
ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, October 18th. The semiconductor company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.28 by $0.24. ASML had a net margin of 23.81% and a return on equity of 19.28%. The company had revenue of $2.45 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same quarter last year, the business earned $0.93 earnings per share. ASML’s revenue was up 34.8% compared to the same quarter last year. equities analysts anticipate that ASML Holding NV will post 5.23 EPS for the current year.
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ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
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