Mmbg Investment Advisors CO. Boosts Stock Position in ASML Holding (NASDAQ:ASML)

Mmbg Investment Advisors CO. lifted its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 194.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,082 shares of the semiconductor company's stock after buying an additional 714 shares during the quarter. Mmbg Investment Advisors CO.'s holdings in ASML were worth $750,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of ASML. Edgewood Management LLC lifted its holdings in ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after purchasing an additional 959,696 shares during the period. Amundi boosted its holdings in shares of ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after acquiring an additional 328,552 shares in the last quarter. Wellington Management Group LLP grew its holdings in ASML by 53.4% during the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after acquiring an additional 281,156 shares during the period. Raymond James Financial Inc. bought a new stake in ASML during the 4th quarter worth approximately $175,257,000. Finally, Fisher Funds Management LTD bought a new stake in ASML during the fourth quarter worth about $137,386,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ASML shares. JPMorgan Chase & Co. lowered 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 report on Thursday, January 30th. Wells Fargo & Company lowered their price target 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. Susquehanna lowered their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Finally, DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Stock Down 0.3%

ASML stock opened at $706.21 on Monday. The company's 50-day moving average price is $679.19 and its two-hundred day moving average price is $701.72. The company has a quick ratio of 0.99, a current ratio of 1.53 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 stock has a market cap of $277.84 billion, a P/E ratio of 33.95, a P/E/G ratio of 1.62 and a beta of 1.75.

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 (EPS) for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. The company 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%. As a group, analysts expect that ASML Holding will post 25.17 EPS for the current year.

ASML 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.

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