Voloridge Investment Management LLC trimmed its position in ASML Holding (NASDAQ:ASML - Free Report) by 28.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 106,548 shares of the semiconductor company's stock after selling 41,787 shares during the period. Voloridge Investment Management LLC's holdings in ASML were worth $73,846,000 as of its most recent filing with the SEC.
Several other hedge funds have also added to or reduced their stakes in ASML. Merit Financial Group LLC boosted its stake in ASML by 155.3% in the fourth quarter. Merit Financial Group LLC now owns 1,432 shares of the semiconductor company's stock valued at $993,000 after acquiring an additional 871 shares during the last quarter. Gilman Hill Asset Management LLC bought a new position in shares of ASML in the 4th quarter worth $201,000. Diversify Wealth Management LLC grew its stake in shares of ASML by 30.8% during the fourth quarter. Diversify Wealth Management LLC now owns 2,486 shares of the semiconductor company's stock worth $1,837,000 after purchasing an additional 586 shares during the period. Harbor Investment Advisory LLC increased its holdings in ASML by 57.4% in the fourth quarter. Harbor Investment Advisory LLC now owns 170 shares of the semiconductor company's stock valued at $118,000 after purchasing an additional 62 shares during the last quarter. Finally, Sky Investment Group LLC acquired a new position in ASML in the fourth quarter valued at about $237,000. Institutional investors own 26.07% of the company's stock.
ASML Trading Down 0.0%
NASDAQ ASML opened at $748.76 on Wednesday. The company has a market cap of $294.58 billion, a PE ratio of 36.00, a PEG ratio of 1.62 and a beta of 1.75. The stock has a 50 day moving average of $685.78 and a 200-day moving average of $704.63. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.
ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. lowered their price target on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Susquehanna reduced 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, Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and a consensus target price of $906.00.
Check Out Our Latest Analysis on ASML
ASML Profile
(
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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