Cornerstone Select Advisors LLC Takes Position in ASML Holding (NASDAQ:ASML)

Cornerstone Select Advisors LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 444 shares of the semiconductor company's stock, valued at approximately $308,000.

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

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Wells Fargo & Company reduced their price target on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Finally, Susquehanna lowered their price target 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. Two 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $906.00.

ASML Price Performance

ASML stock opened at $681.22 on Wednesday. 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 market capitalization of $268.01 billion, a price-to-earnings ratio of 32.75, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The company's 50 day simple moving average is $679.24 and its 200-day simple moving average is $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 posted 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 firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities research analysts expect 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.

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