State of Wyoming Has $852,000 Stock Position in ASML Holding (NASDAQ:ASML)

State of Wyoming lowered its holdings in ASML Holding (NASDAQ:ASML) by 6.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,230 shares of the semiconductor company’s stock after selling 90 shares during the period. State of Wyoming’s holdings in ASML were worth $852,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ASML. Carnegie Investment Counsel lifted its position in shares of ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after acquiring an additional 868 shares during the period. Foundations Investment Advisors LLC increased its stake in shares of ASML by 36.7% in the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock valued at $18,243,000 after buying an additional 7,073 shares during the period. Fifth Third Bancorp grew its stake in shares of ASML by 12.2% during the fourth quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company’s stock worth $6,764,000 after purchasing an additional 1,062 shares during the period. Alpha Cubed Investments LLC grew its stake in shares of ASML by 33.9% during the fourth quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company’s stock worth $56,530,000 after purchasing an additional 20,651 shares during the period. Finally, Vantage Investment Partners LLC grew its stake in shares of ASML by 53.3% during the fourth quarter. Vantage Investment Partners LLC now owns 53,290 shares of the semiconductor company’s stock worth $36,934,000 after purchasing an additional 18,523 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research note on Thursday, April 17th. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $906.00.

ASML Trading Down 1.4%

Shares of NASDAQ:ASML opened at $748.10 on Friday. The company has a market capitalization of $294.32 billion, a P/E ratio of 35.97, a P/E/G ratio of 1.62 and a beta of 1.75. ASML Holding has a 1 year low of $578.51 and a 1 year high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The business’s 50 day simple moving average is $683.78 and its 200 day simple moving average is $703.59.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, research analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML 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.