MayTech Global Investments LLC lifted its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 9.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 35,148 shares of the semiconductor company's stock after purchasing an additional 3,098 shares during the quarter. ASML comprises approximately 2.9% of MayTech Global Investments LLC's holdings, making the stock its 15th largest holding. MayTech Global Investments LLC's holdings in ASML were worth $24,360,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Edgewood Management LLC lifted its position in shares of ASML by 43.1% during the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after purchasing an additional 959,696 shares in the last quarter. Amundi grew its stake in shares of ASML by 4,880.5% during the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after acquiring an additional 328,552 shares in the last quarter. Wellington Management Group LLP increased its position in shares of ASML by 53.4% during the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after acquiring an additional 281,156 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of ASML in the fourth quarter worth about $175,257,000. Finally, Fisher Funds Management LTD acquired a new stake in ASML during the 4th quarter valued at approximately $137,386,000. Hedge funds and other institutional investors own 26.07% of the company's stock.
ASML Trading Up 6.2%
Shares of NASDAQ:ASML opened at $750.20 on Tuesday. The company's 50-day moving average price is $679.40 and its 200 day moving average price is $701.99. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The company has a market cap of $295.15 billion, a PE ratio of 36.07, a P/E/G ratio of 1.62 and a beta of 1.75. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.
ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results 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 analysts' expectations of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Sell-side analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.
Analyst Upgrades and Downgrades
ASML has been the subject of a number of recent analyst reports. Susquehanna decreased their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Wells Fargo & Company decreased their price target on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, JPMorgan Chase & Co. reduced 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 given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, ASML presently has a consensus rating of "Moderate Buy" and an average target price of $906.00.
Read Our Latest Stock Analysis on ASML
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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