Graham Capital Management L.P. Invests $2.21 Million in ASML Holding (NASDAQ:ASML)

Graham Capital Management L.P. bought a new stake in ASML Holding (NASDAQ:ASML - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,190 shares of the semiconductor company's stock, valued at approximately $2,211,000.

A number of other institutional investors have also added to or reduced their stakes in ASML. Kennebec Savings Bank boosted its position in ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 25 shares during the period. Wellington Shields & Co. LLC boosted its holdings in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after buying an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML during the 4th quarter worth about $31,000. Albion Financial Group UT grew its stake in ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock valued at $39,000 after buying an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC bought a new position in ASML in the 4th quarter valued at about $39,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

ASML stock traded up $13.70 during trading hours on Tuesday, reaching $763.90. 1,813,849 shares of the stock were exchanged, compared to its average volume of 1,655,391. 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 Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The company has a market cap of $300.54 billion, a P/E ratio of 36.73, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The stock has a 50 day moving average of $679.40 and a two-hundred day moving average of $701.99.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly 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 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. Equities analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on ASML. Susquehanna dropped their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. JPMorgan Chase & Co. lowered their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Wells Fargo & Company reduced their target price 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. Finally, DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $906.00.

ASML Company 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.