Deutsche Bank AG Increases Stake in ASML Holding (NASDAQ:ASML)

Deutsche Bank AG boosted its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,491 shares of the semiconductor company's stock after purchasing an additional 614 shares during the period. Deutsche Bank AG's holdings in ASML were worth $16,974,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of ASML. DC Investments Management LLC purchased a new stake in shares of ASML during the fourth quarter valued at $1,941,000. Dimension Capital Management LLC raised its stake in ASML by 6.3% in the 4th quarter. Dimension Capital Management LLC now owns 831 shares of the semiconductor company's stock worth $576,000 after acquiring an additional 49 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in ASML in the 4th quarter worth $5,816,000. Element Pointe Advisors LLC purchased a new stake in ASML during the 4th quarter valued at about $399,000. Finally, Concentric Capital Strategies LP purchased a new stake in ASML during the 4th quarter valued at about $2,490,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Stock Up 0.7%

Shares of ASML stock opened at $768.91 on Thursday. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The stock has a market cap of $302.51 billion, a P/E ratio of 36.97, a P/E/G ratio of 1.62 and a beta of 1.75. The stock has a 50 day moving average of $681.12 and a 200 day moving average of $702.88. 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 issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS 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 business had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. As a group, sell-side analysts expect that ASML Holding will post 25.17 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Wells Fargo & Company decreased their price objective 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. Finally, Susquehanna dropped their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, ASML has an average rating of "Moderate Buy" and a consensus target price of $906.00.

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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