Thurston Springer Miller Herd & Titak Inc. lifted its position in ASML Holding (NASDAQ:ASML - Free Report) by 43.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,205 shares of the semiconductor company's stock after purchasing an additional 367 shares during the period. Thurston Springer Miller Herd & Titak Inc.'s holdings in ASML were worth $835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in ASML. Fairway Wealth LLC acquired a new position in shares of ASML in the third quarter worth about $25,000. Resources Management Corp CT ADV acquired a new position in ASML in the 2nd quarter worth about $26,000. Milestone Investment Advisors LLC purchased a new position in ASML during the third quarter worth approximately $28,000. Fortitude Family Office LLC grew its holdings in ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company's stock valued at $39,000 after purchasing an additional 15 shares during the period. Finally, Brooklyn Investment Group purchased a new stake in shares of ASML in the third quarter valued at approximately $43,000. 26.07% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
ASML has been the topic of a number of recent analyst reports. Sanford C. Bernstein decreased their target price on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research report on Friday, November 29th. Wells Fargo & Company increased their price objective on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a report on Monday. BNP Paribas assumed coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price for the company. 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 report on Friday, October 11th. Finally, JPMorgan Chase & Co. lowered their price objective on ASML from $1,207.00 to $1,148.00 and set an "overweight" rating on the stock in a report on Thursday, October 17th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $955.50.
Read Our Latest Analysis on ASML
ASML Price Performance
ASML stock traded up $23.98 during mid-day trading on Thursday, reaching $750.28. The company's stock had a trading volume of 2,401,006 shares, compared to its average volume of 1,574,151. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company's 50 day moving average is $703.52 and its two-hundred day moving average is $801.32. 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 market cap of $295.18 billion, a PE ratio of 39.28, a P/E/G ratio of 2.30 and a beta of 1.47.
ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The business had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. Equities research analysts expect that ASML Holding will post 20.57 EPS for the current year.
ASML Profile
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Free Report)
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.
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