Silvercrest Asset Management Group LLC boosted its position in ASML Holding (NASDAQ:ASML - Free Report) by 66.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,228 shares of the semiconductor company's stock after purchasing an additional 8,098 shares during the period. Silvercrest Asset Management Group LLC's holdings in ASML were worth $14,020,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. grew its position in shares of ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock valued at $211,000 after purchasing an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its stake in ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock valued at $2,223,000 after buying an additional 14 shares in the last quarter. Trust Point Inc. lifted its stake in ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock valued at $420,000 after buying an additional 14 shares in the last quarter. Sunpointe LLC grew its holdings in shares of ASML by 1.3% during the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after buying an additional 14 shares in the last quarter. Finally, Wealth Quarterback LLC grew its holdings in shares of ASML by 1.1% during the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock worth $923,000 after buying an additional 15 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.
ASML Stock Performance
Shares of NASDAQ:ASML traded down $0.37 during trading hours on Tuesday, hitting $748.76. The stock had a trading volume of 776,499 shares, compared to its average volume of 1,662,827. The stock's fifty day simple moving average is $684.69 and its 200 day simple moving average is $704.33. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The firm has a market capitalization of $294.58 billion, a price-to-earnings ratio of 36.00, a PEG ratio of 1.62 and a beta of 1.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.
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 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 business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Sell-side analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
ASML has been the topic of several recent analyst reports. 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. Wells Fargo & Company reduced their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. dropped their price target 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. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $906.00.
View Our Latest Analysis on ASML
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.
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