TrueMark Investments LLC bought a new position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,940 shares of the semiconductor company's stock, valued at approximately $1,948,000.
Other hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. lifted its position in shares of ASML by 43.0% in the fourth quarter. Principal Financial Group Inc. now owns 10,025 shares of the semiconductor company's stock valued at $6,948,000 after acquiring an additional 3,016 shares in the last quarter. Sigma Planning Corp raised its stake in ASML by 9.9% in the 4th quarter. Sigma Planning Corp now owns 598 shares of the semiconductor company's stock valued at $415,000 after purchasing an additional 54 shares during the last quarter. Fisher Funds Management LTD purchased a new position in ASML in the 4th quarter valued at $137,386,000. TCW Group Inc. boosted its stake in ASML by 4.4% during the 4th quarter. TCW Group Inc. now owns 182,786 shares of the semiconductor company's stock worth $126,685,000 after purchasing an additional 7,637 shares during the last quarter. Finally, Tradewinds Capital Management LLC grew its holdings in shares of ASML by 96.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock worth $41,000 after buying an additional 29 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.
ASML Stock Down 0.7%
ASML stock opened at $756.53 on Monday. The firm has a market cap of $297.63 billion, a PE ratio of 31.88, a PEG ratio of 1.47 and a beta of 1.74. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. The firm's 50 day moving average price is $720.80 and its 200-day moving average price is $717.04.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. On average, equities research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Susquehanna decreased their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Sanford C. Bernstein started coverage on ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price on the stock. Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Four analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $913.80.
Read Our Latest Stock Report 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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