ASML Holding (NASDAQ:ASML) Position Boosted by Mmbg Investment Advisors CO.

Mmbg Investment Advisors CO. grew its holdings in ASML Holding (NASDAQ:ASML) by 194.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,082 shares of the semiconductor company’s stock after purchasing an additional 714 shares during the period. Mmbg Investment Advisors CO.’s holdings in ASML were worth $750,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ASML. Edgewood Management LLC increased its stake in 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 buying an additional 959,696 shares during the last quarter. Van ECK Associates Corp boosted its position in ASML by 1.8% in the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock worth $1,239,421,000 after purchasing an additional 31,231 shares during the last quarter. Clearbridge Investments LLC increased its position in shares of ASML by 2.8% during the fourth quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company’s stock valued at $868,324,000 after buying an additional 33,603 shares during the period. Neuberger Berman Group LLC raised its position in ASML by 1.4% during the fourth quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company’s stock valued at $667,155,000 after purchasing an additional 13,115 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of ASML by 5.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company’s stock worth $622,769,000 after purchasing an additional 46,028 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Susquehanna reduced 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 report on Thursday, April 17th. Wells Fargo & Company reduced 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. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $906.00.

ASML Stock Down 0.3%

Shares of ASML stock opened at $706.21 on Monday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company has a market cap of $277.84 billion, a P/E ratio of 33.95, a PEG ratio of 1.62 and a beta of 1.75. The company’s fifty day simple moving average is $679.19 and its two-hundred day simple moving average is $701.72. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating 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%. Research analysts anticipate that ASML Holding will post 25.17 EPS for the current 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.