Yarbrough Capital LLC bought a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,401 shares of the semiconductor company's stock, valued at approximately $3,050,000.
Several other large investors have also modified their holdings of ASML. International Assets Investment Management LLC raised its stake 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 buying an additional 491,096 shares in the last quarter. Van ECK Associates Corp raised its position 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 acquiring an additional 474,653 shares in the last quarter. Tairen Capital Ltd lifted its stake in shares of ASML by 321.2% during the 2nd quarter. Tairen Capital Ltd now owns 202,946 shares of the semiconductor company's stock worth $207,559,000 after purchasing an additional 154,760 shares during the last quarter. Mediolanum International Funds Ltd bought a new stake in ASML during the third quarter valued at about $125,952,000. Finally, Pathway Financial Advisers LLC boosted its position in ASML by 97,001.7% during the third 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 in the last quarter. Institutional investors own 26.07% of the company's stock.
Analyst Ratings Changes
Several analysts have commented on ASML shares. Wells Fargo & Company increased their price target on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday. Morgan Stanley lowered shares of ASML from an "overweight" rating to an "equal weight" rating in a report on Friday, September 20th. JPMorgan Chase & Co. decreased their price objective on ASML from $1,207.00 to $1,148.00 and set an "overweight" rating for the company in a report on Thursday, October 17th. Berenberg Bank upgraded ASML to a "strong-buy" rating in a research note on Wednesday, October 2nd. Finally, Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research note on Friday, November 29th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $955.50.
Read Our Latest Report on ASML
ASML Stock Performance
NASDAQ ASML traded up $3.50 on Friday, hitting $753.78. 1,446,256 shares of the company's stock traded hands, compared to its average volume of 1,558,717. The firm has a market capitalization of $296.55 billion, a PE ratio of 39.45, a P/E/G ratio of 2.30 and a beta of 1.47. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The firm's 50-day moving average price is $703.52 and its two-hundred day moving average price is $801.32. 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 quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, analysts expect that ASML Holding will post 20.57 EPS for the current year.
About ASML
(
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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