Brucke Financial Inc. Takes Position in ASML Holding (NASDAQ:ASML)

Brucke Financial Inc. bought a new stake in ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 997 shares of the semiconductor company's stock, valued at approximately $737,000.

Several other large investors have also recently added to or reduced their stakes in ASML. Foundations Investment Advisors LLC increased its position in shares of ASML by 36.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock valued at $18,243,000 after purchasing an additional 7,073 shares during the period. Fifth Third Bancorp increased its position in shares of ASML by 12.2% during the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock valued at $6,764,000 after purchasing an additional 1,062 shares during the period. Vantage Investment Partners LLC increased its position in shares of ASML by 53.3% during the 4th quarter. Vantage Investment Partners LLC now owns 53,290 shares of the semiconductor company's stock valued at $36,934,000 after purchasing an additional 18,523 shares during the period. Strategic Financial Concepts LLC acquired a new position in shares of ASML during the 4th quarter valued at $337,000. Finally, Clarendon Private LLC bought a new stake in shares of ASML during the 4th quarter worth $269,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ASML shares. Susquehanna reduced their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. Wells Fargo & Company reduced their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, JPMorgan Chase & Co. decreased their target price on 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 investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Stock Down 1.4%

NASDAQ ASML traded down $10.28 during trading on Wednesday, hitting $746.51. 1,238,229 shares of the company traded hands, compared to its average volume of 1,666,619. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The business has a fifty day simple moving average of $686.88 and a 200 day simple moving average of $707.02. 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 company has a market capitalization of $293.69 billion, a P/E ratio of 35.89, a PEG ratio of 1.62 and a beta of 1.75.

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