DMC Group LLC Purchases 29 Shares of ASML Holding (NASDAQ:ASML)

DMC Group LLC grew its position in shares of ASML Holding (NASDAQ:ASML) by 3.6% in the fourth quarter, Holdings Channel reports. The fund owned 838 shares of the semiconductor company’s stock after buying an additional 29 shares during the quarter. DMC Group LLC’s holdings in ASML were worth $581,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Carnegie Investment Counsel lifted its position in ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after purchasing an additional 868 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in shares of ASML in the 4th quarter valued at about $1,174,000. Taurus Asset Management LLC bought a new position in shares of ASML in the 3rd quarter valued at about $16,994,000. State Street Corp grew its position in ASML by 5.2% in the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after acquiring an additional 7,010 shares in the last quarter. Finally, Stockman Wealth Management Inc. increased its stake in ASML by 7.2% during the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after acquiring an additional 1,032 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

ASML stock opened at $712.65 on Thursday. The stock has a market cap of $280.37 billion, a price-to-earnings ratio of 37.31, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The firm has a 50-day moving average of $715.62 and a two-hundred day moving average of $778.53. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. 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 announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.61% and a net margin of 26.40%. On average, research analysts forecast that ASML Holding will post 20.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ASML shares. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Susquehanna dropped their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Finally, Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $946.60.

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.