Park Avenue Securities LLC Buys 788 Shares of ASML Holding (NASDAQ:ASML)

Park Avenue Securities LLC increased its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 7.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,734 shares of the semiconductor company's stock after buying an additional 788 shares during the quarter. Park Avenue Securities LLC's holdings in ASML were worth $7,439,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Central Pacific Bank Trust Division bought a new position in shares of ASML in the fourth quarter worth about $1,174,000. Taurus Asset Management LLC acquired a new position in ASML during the 3rd quarter worth approximately $16,994,000. State Street Corp lifted its stake in ASML by 5.2% in the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company's stock valued at $117,323,000 after purchasing an additional 7,010 shares during the last quarter. Stockman Wealth Management Inc. boosted its position in ASML by 7.2% in the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company's stock valued at $12,800,000 after buying an additional 1,032 shares in the last quarter. Finally, US Bancorp DE grew its stake in shares of ASML by 7.5% during the third quarter. US Bancorp DE now owns 47,601 shares of the semiconductor company's stock worth $39,664,000 after buying an additional 3,321 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. dropped their price target on 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. Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research note on Friday, November 29th. Morgan Stanley downgraded ASML from an "overweight" rating to an "equal weight" rating in a research note on Friday, September 20th. Berenberg Bank upgraded shares of ASML to a "strong-buy" rating in a research report on Wednesday, October 2nd. Finally, Susquehanna decreased 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 report on Friday, October 11th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $955.50.

ASML Trading Up 3.3 %

Shares of NASDAQ:ASML traded up $23.98 during trading on Thursday, reaching $750.28. The stock had a trading volume of 2,401,006 shares, compared to its average volume of 1,574,151. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The firm's fifty day moving average is $703.52 and its 200 day moving average is $801.32. The stock has a market cap of $295.18 billion, a price-to-earnings ratio of 39.28, a P/E/G ratio of 2.30 and a beta of 1.47. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

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