Headinvest LLC bought a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 479 shares of the semiconductor company's stock, valued at approximately $332,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Edgewood Management LLC lifted its holdings in ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after buying an additional 959,696 shares during the period. Amundi raised its position in shares of ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after acquiring an additional 328,552 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of ASML by 53.4% in the 4th 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 during the period. Raymond James Financial Inc. purchased a new position in shares of ASML in the 4th quarter valued at approximately $175,257,000. Finally, Fisher Funds Management LTD bought a new stake in shares of ASML during the fourth quarter valued at approximately $137,386,000. Institutional investors own 26.07% of the company's stock.
Analysts Set New Price Targets
A number of research firms have issued reports on ASML. Citigroup reiterated a "buy" rating on shares of ASML in a report on Monday. JPMorgan Chase & Co. decreased their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Wells Fargo & Company lowered their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Susquehanna dropped their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Finally, DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $906.00.
Read Our Latest Report on ASML
ASML Stock Up 0.5%
NASDAQ:ASML opened at $740.70 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a market cap of $291.41 billion, a P/E ratio of 35.61, a P/E/G ratio of 1.62 and a beta of 1.75. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The firm has a 50-day simple moving average of $686.45 and a two-hundred day simple moving average of $705.34.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly 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. 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 the consensus estimate of $7.90 billion. Analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.
About ASML
(
Free Report)
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.
Further Reading
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