Auxier Asset Management Acquires 365 Shares of ASML Holding (NASDAQ:ASML)

Auxier Asset Management grew its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 120.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 668 shares of the semiconductor company's stock after purchasing an additional 365 shares during the quarter. Auxier Asset Management's holdings in ASML were worth $463,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ASML. Formidable Asset Management LLC bought a new position in ASML in the 4th quarter worth about $672,000. North Star Asset Management Inc. grew its stake in ASML by 12.7% in the fourth quarter. North Star Asset Management Inc. now owns 32,762 shares of the semiconductor company's stock worth $22,707,000 after purchasing an additional 3,692 shares in the last quarter. GF Fund Management CO. LTD. purchased a new position in ASML during the 4th quarter worth $23,766,000. Public Employees Retirement System of Ohio bought a new stake in ASML during the 4th quarter valued at $2,888,000. Finally, Hudson Value Partners LLC raised its position in ASML by 994.6% during the 4th quarter. Hudson Value Partners LLC now owns 5,112 shares of the semiconductor company's stock valued at $3,543,000 after purchasing an additional 4,645 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ASML. JPMorgan Chase & Co. cut their price target on 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 report on Thursday, January 30th. Citigroup restated a "buy" rating on shares of ASML in a report on Monday. Susquehanna cut 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. Finally, Wells Fargo & Company reduced 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. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $906.00.

ASML Price Performance

Shares of ASML opened at $732.49 on Friday. The company has a 50 day moving average of $686.48 and a two-hundred day moving average of $705.72. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The company has a market cap of $288.18 billion, a price-to-earnings ratio of 35.22, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75.

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 for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. As a group, analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

About ASML

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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