Principal Street Partners LLC Has $384,000 Position in ASML Holding (NASDAQ:ASML)

Principal Street Partners LLC decreased its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 49.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 555 shares of the semiconductor company's stock after selling 544 shares during the quarter. Principal Street Partners LLC's holdings in ASML were worth $384,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ulysses Management LLC bought a new position in ASML in the fourth quarter valued at approximately $3,465,000. Waverly Advisors LLC bought a new position in ASML in the fourth quarter valued at approximately $236,000. Windacre Partnership LLC lifted its stake in ASML by 0.8% in the fourth quarter. Windacre Partnership LLC now owns 669,100 shares of the semiconductor company's stock valued at $463,740,000 after buying an additional 5,000 shares in the last quarter. Strategic Wealth Partners Ltd. lifted its stake in ASML by 11.1% in the fourth quarter. Strategic Wealth Partners Ltd. now owns 330 shares of the semiconductor company's stock valued at $229,000 after buying an additional 33 shares in the last quarter. Finally, Strive Asset Management LLC bought a new position in ASML in the fourth quarter valued at approximately $237,000. Institutional investors own 26.07% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ASML. Susquehanna cut 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 note on Thursday, April 17th. 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 research note on Thursday, January 30th. DZ Bank raised shares of 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 on the stock in a 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 assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $906.00.

ASML Stock Up 0.5%

Shares of NASDAQ ASML traded up $3.53 during midday trading on Thursday, reaching $740.70. The company's stock had a trading volume of 863,413 shares, compared to its average volume of 1,664,857. 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 Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The stock has a market capitalization of $291.41 billion, a price-to-earnings ratio of 35.61, a PEG ratio of 1.62 and a beta of 1.75. The stock has a 50 day simple moving average of $686.24 and a 200-day simple moving average of $704.86.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results 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 business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Equities research analysts predict that ASML Holding will post 25.17 earnings per share 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.