Shay Capital LLC Boosts Position in ASML Holding (NASDAQ:ASML)

Shay Capital LLC lifted its position in ASML Holding (NASDAQ:ASML - Free Report) by 109.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,100 shares of the semiconductor company's stock after buying an additional 574 shares during the quarter. Shay Capital LLC's holdings in ASML were worth $762,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Edgewood Management LLC grew its holdings in shares of ASML by 43.1% during 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 in the last quarter. Van ECK Associates Corp boosted its stake in shares of ASML by 1.8% in the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company's stock valued at $1,239,421,000 after purchasing an additional 31,231 shares in the last quarter. Clearbridge Investments LLC raised its position in ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock worth $868,324,000 after purchasing an additional 33,603 shares during the period. Neuberger Berman Group LLC lifted its stake in shares of ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after acquiring an additional 13,115 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in ASML by 5.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock valued at $622,769,000 after acquiring an additional 46,028 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Down 1.4%

Shares of ASML stock opened at $758.36 on Friday. The company has a 50-day simple moving average of $682.62 and a two-hundred day simple moving average of $703.22. 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 stock has a market capitalization of $298.36 billion, a PE ratio of 36.46, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. On average, analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ASML has been the topic of several analyst reports. JPMorgan Chase & Co. decreased their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Susquehanna lowered their price objective 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. Wells Fargo & Company reduced their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and an average target price of $906.00.

About ASML

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.