Parkwood LLC Invests $9.81 Million in ASML Holding (NASDAQ:ASML)

Parkwood LLC purchased a new position in ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 14,159 shares of the semiconductor company's stock, valued at approximately $9,813,000.

Several other hedge funds have also bought and sold shares of the stock. Kennebec Savings Bank raised its position in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after buying an additional 25 shares in the last quarter. Wellington Shields & Co. LLC raised its position in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after buying an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of ASML during the 4th quarter valued at about $31,000. Albion Financial Group UT raised its position in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock valued at $39,000 after buying an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new stake in ASML in the 4th quarter worth about $39,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on ASML. Wells Fargo & Company reduced their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Susquehanna reduced their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, ASML presently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Trading Down 1.4%

ASML stock traded down $10.26 during mid-day trading on Friday, reaching $748.10. The company had a trading volume of 1,090,954 shares, compared to its average volume of 1,661,299. 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 company has a market capitalization of $294.32 billion, a PE ratio of 35.97, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The firm has a 50 day moving average of $682.62 and a 200 day moving average of $703.22. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion for 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%. On average, equities analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML 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.