Brucke Financial Inc. Purchases Shares of 997 ASML Holding (NASDAQ:ASML)

Brucke Financial Inc. bought a new position in ASML Holding (NASDAQ:ASML - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 997 shares of the semiconductor company's stock, valued at approximately $737,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. Edgewood Management LLC raised its position in shares of ASML by 43.1% during the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after buying an additional 959,696 shares during the last quarter. Amundi boosted its holdings 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 grew its position in shares of 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 purchasing an additional 281,156 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of ASML in the fourth quarter worth about $175,257,000. Finally, Fisher Funds Management LTD bought a new position in ASML during the fourth quarter valued at approximately $137,386,000. Institutional investors own 26.07% of the company's stock.

ASML Stock Up 3.3%

Shares of NASDAQ:ASML traded up $24.30 during trading hours on Tuesday, hitting $756.79. The company's stock had a trading volume of 1,383,549 shares, compared to its average volume of 1,668,329. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm's fifty day moving average price is $686.43 and its 200 day moving average price is $706.67. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The company has a market capitalization of $297.74 billion, a price-to-earnings ratio of 36.38, a P/E/G 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, 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 company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. As a group, research analysts expect that ASML Holding will post 25.17 EPS for the current year.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research reports. Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Susquehanna lowered their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. reduced their price objective 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. Two equities 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $906.00.

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.