Park Avenue Securities LLC Purchases 788 Shares of ASML Holding (NASDAQ:ASML)

Park Avenue Securities LLC boosted its position in ASML Holding (NASDAQ:ASML) by 7.9% in the 4th quarter, Holdings Channel reports. The firm owned 10,734 shares of the semiconductor company’s stock after buying an additional 788 shares during the quarter. Park Avenue Securities LLC’s holdings in ASML were worth $7,439,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ASML. Fisher Asset Management LLC boosted its holdings in ASML by 1.0% during the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after acquiring an additional 31,879 shares during the period. Edgewood Management LLC lifted its position in shares of ASML by 3.3% during the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after purchasing an additional 70,776 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after purchasing an additional 474,653 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of ASML by 4,379.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 889,875 shares of the semiconductor company’s stock worth $910,102,000 after purchasing an additional 870,010 shares during the last quarter. Finally, Windacre Partnership LLC increased its stake in ASML by 4.0% in the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after buying an additional 25,600 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on ASML. Susquehanna dropped their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. Sanford C. Bernstein decreased their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Wells Fargo & Company upped their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Trading Down 1.4 %

Shares of NASDAQ ASML opened at $726.30 on Thursday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The business has a fifty day moving average price of $702.22 and a 200 day moving average price of $801.85. The stock has a market capitalization of $285.74 billion, a P/E ratio of 38.03, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. The business had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. Equities research analysts expect that ASML Holding will post 20.68 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.