ASML Holding (NASDAQ:ASML) Shares Purchased by BNP Paribas

BNP Paribas raised its position in ASML Holding (NASDAQ:ASML) by 645.0% in the 4th quarter, Holdings Channel reports. The fund owned 149 shares of the semiconductor company’s stock after purchasing an additional 129 shares during the period. BNP Paribas’ holdings in ASML were worth $103,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Kennebec Savings Bank grew its holdings in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares in the last quarter. Wellington Shields & Co. LLC increased its position in shares of ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of ASML in the fourth quarter worth about $31,000. Albion Financial Group UT boosted its holdings in ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new stake in ASML during the 4th quarter valued at approximately $39,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on ASML. JPMorgan Chase & Co. reduced 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 reduced their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, Susquehanna decreased their price target on 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 research 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $906.00.

ASML Trading Up 3.5 %

ASML stock opened at $690.33 on Monday. ASML Holding has a 1 year low of $578.51 and a 1 year high of $1,110.09. The firm’s 50-day moving average is $680.84 and its 200-day moving average is $702.41. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The company has a market cap of $271.59 billion, a P/E ratio of 33.19, a PEG ratio of 1.62 and a beta of 1.75.

ASML (NASDAQ:ASML) last issued its 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 firm had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, equities analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML Company 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.