Parkwood LLC Buys New Shares in ASML Holding (NASDAQ:ASML)

Parkwood LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,159 shares of the semiconductor company’s stock, valued at approximately $9,813,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Kennebec Savings Bank lifted 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 during the last quarter. Wellington Shields & Co. LLC grew its stake in 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 buying an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in ASML in the 4th quarter valued at about $31,000. Albion Financial Group UT raised its position in shares of ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC bought a new stake in shares of ASML during the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ASML. Susquehanna decreased their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research note on Thursday, April 17th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company lowered 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. Finally, JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average price target of $906.00.

ASML Price Performance

ASML stock opened at $763.90 on Wednesday. The stock has a 50-day moving average price of $680.38 and a two-hundred day moving average price of $702.42. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a market capitalization of $300.54 billion, a PE ratio of 36.73, a P/E/G ratio of 1.62 and a beta of 1.75. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Analysts expect 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.