ASML Holding (NASDAQ:ASML) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC trimmed its holdings in ASML Holding (NASDAQ:ASML) by 15.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,075 shares of the semiconductor company’s stock after selling 373 shares during the quarter. Nuveen Asset Management LLC’s holdings in ASML were worth $1,438,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wellington Shields & Co. LLC lifted its holdings in 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 acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in ASML in the 4th quarter valued at about $31,000. Roxbury Financial LLC acquired a new stake in ASML in the 4th quarter valued at about $39,000. Caitlin John LLC lifted its holdings in ASML by 78.1% in the 4th quarter. Caitlin John LLC now owns 57 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 25 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its holdings in ASML by 59.5% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 59 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 22 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

NASDAQ ASML opened at $747.25 on Wednesday. The company has a 50 day simple moving average of $689.94 and a 200-day simple moving average of $709.48. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm has a market capitalization of $293.98 billion, a price-to-earnings ratio of 35.93, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09.

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

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Susquehanna reduced their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Monday, May 19th. Wells Fargo & Company reduced their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Finally, Barclays reaffirmed an “equal weight” rating on shares of ASML in a research note on Tuesday. Three investment 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 company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average 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.