Point72 Italy S.r.l. Invests $1.80 Million in ASML Holding (NASDAQ:ASML)

Point72 Italy S.r.l. purchased a new position in shares of ASML Holding (NASDAQ:ASML - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,600 shares of the semiconductor company's stock, valued at approximately $1,802,000. ASML accounts for about 1.0% of Point72 Italy S.r.l.'s investment portfolio, making the stock its 23rd largest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Capital Investment Advisors LLC increased its stake in shares of ASML by 306.1% during the fourth quarter. Capital Investment Advisors LLC now owns 1,661 shares of the semiconductor company's stock worth $1,151,000 after buying an additional 1,252 shares during the period. Wedmont Private Capital increased its stake in shares of ASML by 8.8% during the fourth quarter. Wedmont Private Capital now owns 1,214 shares of the semiconductor company's stock worth $897,000 after buying an additional 98 shares during the period. Miracle Mile Advisors LLC purchased a new stake in shares of ASML during the fourth quarter worth approximately $565,000. Wallace Advisory Group LLC increased its stake in shares of ASML by 13.8% during the fourth quarter. Wallace Advisory Group LLC now owns 281 shares of the semiconductor company's stock worth $195,000 after buying an additional 34 shares during the period. Finally, Capstone Wealth Management Group LLC boosted its holdings in ASML by 30.2% in the fourth quarter. Capstone Wealth Management Group LLC now owns 2,387 shares of the semiconductor company's stock valued at $1,654,000 after purchasing an additional 553 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Down 1.4%

Shares of ASML stock traded down $10.26 on Friday, hitting $748.10. The stock had a trading volume of 1,090,954 shares, compared to its average volume of 1,665,145. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a market capitalization of $294.32 billion, a price-to-earnings ratio of 35.97, a P/E/G ratio of 1.62 and a beta of 1.75. The stock's 50 day moving average is $683.78 and its 200-day moving average is $703.59.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating 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 firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. As a group, research analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

Analysts Set New Price Targets

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

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.