DC Investments Management LLC Invests $1.94 Million in ASML Holding (NASDAQ:ASML)

DC Investments Management LLC purchased a new position in ASML Holding (NASDAQ:ASML - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,800 shares of the semiconductor company's stock, valued at approximately $1,941,000. ASML makes up about 1.3% of DC Investments Management LLC's portfolio, making the stock its 21st biggest holding.

A number of other large investors also recently added to or reduced their stakes in the stock. Kennebec Savings Bank raised its stake in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. Wellington Shields & Co. LLC raised its position in shares of ASML by 740.0% in the fourth 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 during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML in the fourth quarter worth about $31,000. Albion Financial Group UT grew its stake in 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 acquiring an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC acquired a new stake in ASML in the 4th quarter valued at about $39,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Susquehanna lowered their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Finally, DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Two equities research 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's stock. According to MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and an average target price of $906.00.

ASML Stock Down 0.3 %

Shares of NASDAQ ASML traded down $1.82 during mid-day trading on Friday, hitting $706.21. The company had a trading volume of 883,949 shares, compared to its average volume of 1,644,087. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company has a market capitalization of $277.84 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. 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 business's 50-day simple moving average is $679.19 and its 200 day simple moving average is $701.83.

ASML (NASDAQ:ASML - Get Free Report) last announced 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. ASML had a return on equity of 47.73% and a net margin of 26.78%. The business had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. On average, analysts predict that ASML Holding will post 25.17 earnings per share for the current 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.