Checchi Capital Advisers LLC Sells 360 Shares of ASML Holding N.V. (ASML)

Checchi Capital Advisers LLC trimmed its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 12.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,467 shares of the semiconductor company’s stock after selling 360 shares during the quarter. Checchi Capital Advisers LLC’s holdings in ASML Holding N.V. were worth $422,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in ASML. Atlantic Trust Group LLC lifted its stake in shares of ASML Holding N.V. by 1.1% in the second quarter. Atlantic Trust Group LLC now owns 15,547 shares of the semiconductor company’s stock worth $2,026,000 after acquiring an additional 168 shares during the period. Seven Bridges Advisors LLC lifted its stake in shares of ASML Holding N.V. by 10.1% in the second quarter. Seven Bridges Advisors LLC now owns 2,201 shares of the semiconductor company’s stock worth $287,000 after acquiring an additional 201 shares during the period. M&T Bank Corp lifted its stake in shares of ASML Holding N.V. by 8.1% in the second quarter. M&T Bank Corp now owns 2,775 shares of the semiconductor company’s stock worth $362,000 after acquiring an additional 207 shares during the period. Raymond James Trust N.A. lifted its stake in shares of ASML Holding N.V. by 5.1% in the second quarter. Raymond James Trust N.A. now owns 4,487 shares of the semiconductor company’s stock worth $584,000 after acquiring an additional 216 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of ASML Holding N.V. by 0.3% in the second quarter. Ameriprise Financial Inc. now owns 69,606 shares of the semiconductor company’s stock worth $9,070,000 after acquiring an additional 216 shares during the period. 16.11% of the stock is currently owned by hedge funds and other institutional investors.

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A number of equities analysts recently commented on the company. B. Riley reaffirmed a “neutral” rating and issued a $162.00 price objective on shares of ASML Holding N.V. in a research note on Saturday, July 22nd. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $155.00 price objective on shares of ASML Holding N.V. in a research note on Tuesday, October 3rd. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of ASML Holding N.V. in a research note on Tuesday, October 3rd. Credit Suisse Group lifted their price objective on ASML Holding N.V. from $140.00 to $152.00 and gave the stock a “neutral” rating in a research note on Thursday, October 19th. Finally, Bank of America Corporation reaffirmed a “buy” rating and issued a $210.00 price objective on shares of ASML Holding N.V. in a research note on Tuesday, October 3rd. Six research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $178.29.

Shares of ASML Holding N.V. (ASML) traded up $0.02 during mid-day trading on Monday, reaching $184.60. The company’s stock had a trading volume of 268,159 shares, compared to its average volume of 894,343. The company has a market capitalization of $79,358.52, a P/E ratio of 36.55, a P/E/G ratio of 1.70 and a beta of 1.16. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.57 and a current ratio of 2.57. ASML Holding N.V. has a 1-year low of $98.71 and a 1-year high of $184.65.

ASML Holding N.V. (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, October 18th. The semiconductor company reported $1.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.28 by $0.24. The firm had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $2.22 billion. ASML Holding N.V. had a return on equity of 19.82% and a net margin of 23.81%. The company’s quarterly revenue was up 34.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.93 earnings per share. research analysts predict that ASML Holding N.V. will post 5.17 EPS for the current year.

ASML Holding N.V. announced that its board has approved a stock buyback plan on Wednesday, July 19th that permits the company to buyback shares. This buyback authorization permits the semiconductor company to buy shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

ASML Holding N.V. Profile

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.

Institutional Ownership by Quarter for ASML Holding N.V. (NASDAQ:ASML)

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