Parkwood LLC bought a new stake in shares of ASML Holding (NASDAQ:ASML – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 14,159 shares of the semiconductor company’s stock, valued at approximately $9,813,000.
Several other hedge funds also recently modified their holdings of ASML. Edgewood Management LLC raised its position in shares of ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock valued at $2,208,615,000 after acquiring an additional 959,696 shares during the period. Amundi increased its stake in ASML by 4,880.5% in the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company’s stock valued at $247,019,000 after purchasing an additional 328,552 shares in the last quarter. Wellington Management Group LLP raised its holdings in ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company’s stock worth $559,494,000 after purchasing an additional 281,156 shares during the period. Raymond James Financial Inc. bought a new position in shares of ASML during the fourth quarter worth $175,257,000. Finally, Fisher Funds Management LTD bought a new position in shares of ASML during the fourth quarter worth $137,386,000. Institutional investors own 26.07% of the company’s stock.
ASML Price Performance
NASDAQ ASML opened at $763.90 on Wednesday. The firm’s 50 day moving average is $680.38 and its 200-day moving average is $702.42. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $300.54 billion, a PE ratio of 36.73, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on the stock. Susquehanna lowered their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research report on Thursday, April 17th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. cut their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $906.00.
Check Out Our Latest Stock Analysis on ASML
About ASML
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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