Quantinno Capital Management LP Purchases 2,747 Shares of ASML Holding (NASDAQ:ASML)

Quantinno Capital Management LP increased its stake in shares of ASML Holding (NASDAQ:ASML) by 17.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,263 shares of the semiconductor company’s stock after buying an additional 2,747 shares during the period. Quantinno Capital Management LP’s holdings in ASML were worth $12,658,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in 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 raised its position in shares of ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company’s stock valued at $247,019,000 after acquiring an additional 328,552 shares during the period. Wellington Management Group LLP raised its position in shares of ASML by 53.4% in the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company’s stock valued at $559,494,000 after acquiring an additional 281,156 shares during the period. Raymond James Financial Inc. bought a new stake in ASML during the 4th quarter worth approximately $175,257,000. Finally, Fisher Funds Management LTD bought a new stake in ASML during the 4th quarter worth approximately $137,386,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ASML. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. decreased their price target on shares of 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 decreased their price target on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Finally, Susquehanna decreased their price target on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $906.00.

ASML Price Performance

Shares of ASML opened at $768.91 on Thursday. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09. The business’s fifty day moving average is $681.12 and its 200 day moving average is $702.88. 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 stock has a market cap of $302.51 billion, a P/E ratio of 36.97, a P/E/G ratio of 1.62 and a beta of 1.75.

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

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.