Crestline Management LP Raises Position in ASML Holding (NASDAQ:ASML)

Crestline Management LP raised its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 127.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,266 shares of the semiconductor company's stock after purchasing an additional 6,872 shares during the quarter. Crestline Management LP's holdings in ASML were worth $8,501,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of ASML. Kennebec Savings Bank grew 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 purchasing an additional 25 shares during the last quarter. Wellington Shields & Co. LLC lifted its stake in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in ASML during the 4th quarter worth about $31,000. Albion Financial Group UT lifted its holdings in ASML by 133.3% in the fourth 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 during the period. Finally, Roxbury Financial LLC acquired a new position in shares of ASML in the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Up 1.1 %

NASDAQ:ASML traded up $7.64 during mid-day trading on Thursday, hitting $708.03. The stock had a trading volume of 1,036,470 shares, compared to its average volume of 1,643,572. The company has a market capitalization of $278.55 billion, a PE ratio of 34.04, a PEG ratio of 1.62 and a beta of 1.75. The stock has a 50-day simple moving average of $679.07 and a two-hundred day simple moving average of $701.98. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML - Get Free Report) last released 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. The company had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. cut their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. 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. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Finally, Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $906.00.

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.