SG Americas Securities LLC Has $1.98 Million Holdings in ASML Holding NV (ASML)

SG Americas Securities LLC reduced its position in shares of ASML Holding NV (NASDAQ:ASML) by 59.4% in the third quarter, HoldingsChannel reports. The firm owned 10,528 shares of the semiconductor company’s stock after selling 15,379 shares during the quarter. SG Americas Securities LLC’s holdings in ASML were worth $1,979,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Bessemer Group Inc. raised its stake in ASML by 29.9% during the 3rd quarter. Bessemer Group Inc. now owns 3,298 shares of the semiconductor company’s stock worth $620,000 after acquiring an additional 760 shares during the period. Comerica Bank raised its position in shares of ASML by 3.9% during the third quarter. Comerica Bank now owns 26,523 shares of the semiconductor company’s stock valued at $4,587,000 after buying an additional 1,002 shares during the last quarter. Willingdon Wealth Management raised its position in shares of ASML by 8.8% during the third quarter. Willingdon Wealth Management now owns 17,344 shares of the semiconductor company’s stock valued at $3,261,000 after buying an additional 1,397 shares during the last quarter. Pinnacle Financial Partners Inc. bought a new stake in shares of ASML during the third quarter valued at approximately $356,000. Finally, TCW Group Inc. raised its position in shares of ASML by 47.8% during the third quarter. TCW Group Inc. now owns 224,067 shares of the semiconductor company’s stock valued at $42,129,000 after buying an additional 72,501 shares during the last quarter. Institutional investors and hedge funds own 16.64% of the company’s stock.

Several research firms have recently issued reports on ASML. Santander upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st. Susquehanna Bancshares reiterated a “neutral” rating and set a $200.00 price objective (down previously from $240.00) on shares of ASML in a research report on Tuesday, October 23rd. UBS Group cut shares of ASML from a “positive” rating to a “neutral” rating in a research report on Tuesday, October 23rd. Zacks Investment Research cut shares of ASML from a “buy” rating to a “hold” rating in a research report on Monday, October 22nd. Finally, B. Riley lifted their price objective on shares of ASML from $170.00 to $190.00 and gave the company a “neutral” rating in a research report on Thursday, October 18th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. ASML currently has a consensus rating of “Hold” and an average target price of $210.80.

Shares of ASML opened at $171.35 on Friday. ASML Holding NV has a fifty-two week low of $156.58 and a fifty-two week high of $221.66. The firm has a market capitalization of $73.16 billion, a P/E ratio of 30.76, a price-to-earnings-growth ratio of 1.21 and a beta of 1.12. The company has a current ratio of 2.80, a quick ratio of 1.84 and a debt-to-equity ratio of 0.27.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, October 17th. The semiconductor company reported $1.86 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.04). ASML had a return on equity of 23.22% and a net margin of 24.28%. The business had revenue of $3.23 billion during the quarter, compared to the consensus estimate of $3.29 billion. As a group, analysts anticipate that ASML Holding NV will post 6.99 EPS for the current year.

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ASML Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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