Bamco Inc. NY Sells 862 Shares of ASML Holding (NASDAQ:ASML)

Bamco Inc. NY lowered its stake in ASML Holding (NASDAQ:ASML - Free Report) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,067 shares of the semiconductor company's stock after selling 862 shares during the period. Bamco Inc. NY's holdings in ASML were worth $36,780,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ASML. Kennebec Savings Bank raised its position in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 25 shares during the last quarter. Wellington Shields & Co. LLC lifted 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 valued at $29,000 after purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML during the 4th quarter valued at about $31,000. Albion Financial Group UT grew 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 purchasing an additional 32 shares during the period. Finally, Roxbury Financial LLC acquired a new position in ASML in the fourth quarter valued at approximately $39,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

ASML Stock Up 3.0 %

ASML traded up $20.40 during mid-day trading on Wednesday, reaching $700.39. 1,041,025 shares of the stock were exchanged, compared to its average volume of 1,641,633. The stock has a market capitalization of $275.55 billion, a PE ratio of 33.67, 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 quick ratio of 0.99 and a current ratio of 1.53. The company has a 50 day moving average price of $679.24 and a two-hundred day moving average price of $701.99. ASML Holding has a 1 year low of $578.51 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last announced its 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 firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Company 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.