OLD National Bancorp IN Grows Stake in ASML Holding (NASDAQ:ASML)

OLD National Bancorp IN increased its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 3.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,286 shares of the semiconductor company's stock after buying an additional 584 shares during the quarter. OLD National Bancorp IN's holdings in ASML were worth $12,674,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in ASML by 1.0% during the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company's stock worth $2,654,921,000 after acquiring an additional 31,879 shares during the period. Edgewood Management LLC lifted its position in ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company's stock worth $1,855,624,000 after buying an additional 70,776 shares in the last quarter. Van ECK Associates Corp lifted its position in ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company's stock worth $1,464,061,000 after acquiring an additional 474,653 shares during the last quarter. Windacre Partnership LLC increased its holdings in shares of ASML by 4.0% during the third quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company's stock worth $553,361,000 after purchasing an additional 25,600 shares during the period. Finally, International Assets Investment Management LLC boosted its position in ASML by 94,079.7% in the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company's stock valued at $4,096,410,000 after buying an additional 491,096 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

Shares of ASML traded up $24.34 during trading hours on Thursday, reaching $736.99. 2,724,389 shares of the company traded hands, compared to its average volume of 2,075,041. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $289.95 billion, a PE ratio of 38.59, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The stock has a fifty day simple moving average of $716.70 and a 200 day simple moving average of $778.07.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.61% and a net margin of 26.40%. As a group, research analysts predict that ASML Holding will post 20.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ASML shares. Sanford C. Bernstein decreased their target price on shares of ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research report on Friday, November 29th. Berenberg Bank raised shares of ASML to a "strong-buy" rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. dropped their target price 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. BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price objective for the company. Finally, Susquehanna reduced their price target on shares of ASML from $1,300.00 to $1,100.00 and set a "positive" rating for the company in a research note on Friday, October 11th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.

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.