Brooklyn FI LLC Invests $963,000 in ASML Holding (NASDAQ:ASML)

Brooklyn FI LLC bought a new position in ASML Holding (NASDAQ:ASML - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 1,341 shares of the semiconductor company's stock, valued at approximately $963,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Nisa Investment Advisors LLC raised its stake in ASML by 962.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 170 shares of the semiconductor company's stock valued at $118,000 after buying an additional 154 shares during the last quarter. Secure Asset Management LLC purchased a new stake in ASML in the fourth quarter valued at about $250,000. Gradient Investments LLC purchased a new stake in ASML in the fourth quarter valued at about $452,000. Fifth Third Bancorp raised its stake in ASML by 12.2% in the fourth quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock valued at $6,764,000 after buying an additional 1,062 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in ASML by 1.1% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,555 shares of the semiconductor company's stock valued at $1,078,000 after buying an additional 17 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ASML shares. Wells Fargo & Company decreased their price target on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. 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. Finally, Susquehanna decreased their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $906.00.

ASML Price Performance

NASDAQ ASML traded down $10.28 on Wednesday, hitting $746.51. The company had a trading volume of 1,238,580 shares, compared to its average volume of 1,666,622. The company has a market capitalization of $293.69 billion, a PE ratio of 35.89, a PEG ratio of 1.62 and a beta of 1.75. The company's fifty day moving average price is $686.88 and its 200-day moving average price is $707.02. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. As a group, analysts predict that ASML Holding will post 25.17 earnings per share for the current year.

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.