Congress Park Capital LLC Takes Position in ASML Holding (NASDAQ:ASML)

Congress Park Capital LLC bought a new position in ASML Holding (NASDAQ:ASML - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,556 shares of the semiconductor company's stock, valued at approximately $1,078,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Resources Management Corp CT ADV acquired a new position in ASML in the 2nd quarter worth approximately $26,000. Fairway Wealth LLC acquired a new stake in shares of ASML in the third quarter worth $25,000. Milestone Investment Advisors LLC purchased a new position in shares of ASML during the third quarter valued at $28,000. Fortitude Family Office LLC raised its position in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company's stock valued at $39,000 after buying an additional 15 shares during the period. Finally, Brooklyn Investment Group purchased a new stake in ASML in the 3rd quarter worth about $43,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on ASML shares. Susquehanna lowered their target price on ASML from $1,300.00 to $1,100.00 and set a "positive" rating on the stock in a research note on Friday, October 11th. Morgan Stanley lowered shares of ASML from an "overweight" rating to an "equal weight" rating in a research note on Friday, September 20th. JPMorgan Chase & Co. decreased their target price on shares of ASML from $1,207.00 to $1,148.00 and set an "overweight" rating for the company in a research note on Thursday, October 17th. BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price target on the stock. Finally, Berenberg Bank raised ASML to a "strong-buy" rating in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $955.50.

ASML Stock Up 0.8 %

NASDAQ ASML traded up $6.05 during trading on Friday, hitting $756.33. 1,932,491 shares of the company traded hands, compared to its average volume of 1,607,383. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The business has a fifty day simple moving average of $704.98 and a 200 day simple moving average of $800.97. The company has a market capitalization of $297.56 billion, a P/E ratio of 39.60, a PEG ratio of 2.30 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating analysts' consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. As a group, sell-side analysts predict that ASML Holding will post 20.57 EPS for the current year.

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.