DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,392 shares of the semiconductor company's stock, valued at approximately $5,816,000.
A number of other institutional investors and hedge funds have also made changes to their positions in ASML. Edgewood Management LLC boosted its stake in ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after purchasing an additional 959,696 shares during the last quarter. Amundi increased its position in shares of ASML by 4,880.5% during the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after purchasing an additional 328,552 shares during the last quarter. Wellington Management Group LLP increased its holdings in ASML by 53.4% during the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after buying an additional 281,156 shares during the last quarter. Raymond James Financial Inc. purchased a new position in ASML during the fourth quarter valued at $175,257,000. Finally, Fisher Funds Management LTD bought a new position in shares of ASML in the fourth quarter worth about $137,386,000. Institutional investors own 26.07% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on ASML shares. Wells Fargo & Company reduced their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Susquehanna reduced their price target 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. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of 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. 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 stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $906.00.
View Our Latest Research Report on ASML
ASML Trading Down 0.3 %
Shares of NASDAQ ASML traded down $1.82 during midday trading on Friday, hitting $706.21. The company's stock had a trading volume of 883,949 shares, compared to its average volume of 1,647,420. ASML Holding has a 12-month low of $578.51 and a 12-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. The firm has a market cap of $277.84 billion, a P/E ratio of 33.95, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The business's 50 day moving average is $679.19 and its two-hundred day moving average is $701.72.
ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion during 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 EPS for the current year.
ASML Company Profile
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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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