Meridiem Capital Partners LP acquired a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 43,899 shares of the semiconductor company's stock, valued at approximately $30,426,000. ASML makes up about 2.7% of Meridiem Capital Partners LP's holdings, making the stock its 14th largest holding.
A number of other large investors also recently modified their holdings of the company. Minot DeBlois Advisors LLC bought a new position in ASML during the 4th quarter worth approximately $805,000. Needham Investment Management LLC grew its position in shares of ASML by 11.1% in the 4th quarter. Needham Investment Management LLC now owns 5,500 shares of the semiconductor company's stock worth $3,812,000 after buying an additional 550 shares during the last quarter. MJP Associates Inc. ADV grew its position in shares of ASML by 25.9% in the 4th quarter. MJP Associates Inc. ADV now owns 583 shares of the semiconductor company's stock worth $404,000 after buying an additional 120 shares during the last quarter. Mmbg Investment Advisors CO. grew its position in shares of ASML by 194.0% in the 4th quarter. Mmbg Investment Advisors CO. now owns 1,082 shares of the semiconductor company's stock worth $750,000 after buying an additional 714 shares during the last quarter. Finally, Light Street Capital Management LLC grew its position in shares of ASML by 40.0% in the 4th quarter. Light Street Capital Management LLC now owns 448 shares of the semiconductor company's stock worth $310,000 after buying an additional 128 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.
ASML Stock Performance
Shares of ASML stock traded down $10.26 during mid-day trading on Friday, reaching $748.10. The stock had a trading volume of 1,090,954 shares, compared to its average volume of 1,661,299. The firm has a market cap of $294.32 billion, a price-to-earnings ratio of 35.97, a PEG ratio of 1.62 and a beta of 1.75. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The business's fifty day moving average is $683.78 and its 200-day moving average is $703.45. 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 issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The company had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. On average, research analysts forecast that ASML Holding will post 25.17 earnings per share for the current year.
Wall Street Analyst Weigh In
ASML has been the topic of several research reports. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. reduced their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Susquehanna cut 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. Finally, Wells Fargo & Company dropped their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $906.00.
Get Our Latest Stock 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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