Scientech Research LLC lifted its stake in ASML Holding (NASDAQ:ASML - Free Report) by 162.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,843 shares of the semiconductor company's stock after purchasing an additional 2,996 shares during the period. ASML accounts for about 1.0% of Scientech Research LLC's investment portfolio, making the stock its biggest holding. Scientech Research LLC's holdings in ASML were worth $3,357,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently modified their holdings of ASML. Kennebec Savings Bank boosted its holdings 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 increased its stake in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in ASML during the 4th quarter valued at about $31,000. Albion Financial Group UT boosted its stake in ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after acquiring an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC bought a new stake in ASML during the fourth quarter worth about $39,000. Institutional investors own 26.07% of the company's stock.
ASML Stock Down 1.2%
Shares of NASDAQ ASML traded down $8.65 during midday trading on Wednesday, hitting $740.12. The stock had a trading volume of 385,397 shares, compared to its average volume of 1,657,930. The business's 50 day moving average is $685.78 and its 200-day moving average is $704.63. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a market cap of $291.18 billion, a P/E ratio of 35.73, a PEG ratio of 1.62 and a beta of 1.75.
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 for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. As a group, analysts predict that ASML Holding will post 25.17 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on ASML shares. Wells Fargo & Company decreased their target price 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. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Susquehanna lowered their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Finally, JPMorgan Chase & Co. dropped their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Two investment 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 stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $906.00.
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About ASML
(
Free Report)
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.
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