Strategic Planning Group LLC Buys 395 Shares of ASML Holding (NASDAQ:ASML)

Strategic Planning Group LLC raised its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 10.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,200 shares of the semiconductor company's stock after buying an additional 395 shares during the quarter. Strategic Planning Group LLC's holdings in ASML were worth $2,911,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. International Assets Investment Management LLC boosted its holdings 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 worth $4,096,410,000 after purchasing an additional 491,096 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company's stock worth $1,464,061,000 after buying an additional 474,653 shares during the last quarter. Mediolanum International Funds Ltd bought a new stake in shares of ASML in the third quarter worth $125,952,000. SG Americas Securities LLC lifted its holdings in ASML by 281.3% in the fourth quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company's stock valued at $108,601,000 after acquiring an additional 115,603 shares during the period. Finally, Pathway Financial Advisers LLC grew its stake in shares of ASML by 97,001.7% during the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company's stock valued at $94,665,000 after purchasing an additional 113,492 shares during the period. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ASML. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday. Susquehanna decreased their target price on ASML from $1,300.00 to $1,100.00 and set a "positive" rating on the stock in a report on Friday, October 11th. Berenberg Bank raised ASML to a "strong-buy" rating in a report on Wednesday, October 2nd. BNP Paribas initiated coverage on ASML in a research note on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price objective on the stock. Finally, Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday, January 13th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.

ASML Price Performance

Shares of NASDAQ:ASML traded up $24.34 during midday trading on Thursday, reaching $736.99. 2,720,995 shares of the company were exchanged, compared to its average volume of 2,074,813. The stock has a market cap 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. The business's fifty day moving average is $716.70 and its two-hundred day moving average is $778.07. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. 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 posted its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts' consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, analysts predict that ASML Holding will post 20.54 earnings per share 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.