2,600 Shares in ASML Holding (NASDAQ:ASML) Acquired by Point72 Italy S.r.l.

Point72 Italy S.r.l. bought a new position in shares of ASML Holding (NASDAQ:ASML) in the fourth quarter, Holdings Channel reports. The fund bought 2,600 shares of the semiconductor company’s stock, valued at approximately $1,802,000. ASML makes up approximately 1.0% of Point72 Italy S.r.l.’s investment portfolio, making the stock its 23rd biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in ASML. Carnegie Investment Counsel grew its holdings in shares of ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after acquiring an additional 868 shares during the last quarter. Foundations Investment Advisors LLC boosted its position in shares of ASML by 36.7% in the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock valued at $18,243,000 after purchasing an additional 7,073 shares during the period. Fifth Third Bancorp increased its stake in ASML by 12.2% in the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company’s stock worth $6,764,000 after purchasing an additional 1,062 shares in the last quarter. Alpha Cubed Investments LLC raised its holdings in ASML by 33.9% during the 4th quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company’s stock worth $56,530,000 after buying an additional 20,651 shares during the period. Finally, Vantage Investment Partners LLC lifted its stake in ASML by 53.3% during the fourth quarter. Vantage Investment Partners LLC now owns 53,290 shares of the semiconductor company’s stock valued at $36,934,000 after buying an additional 18,523 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the topic of several analyst reports. Susquehanna dropped their target price on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research report on Thursday, April 17th. Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $906.00.

ASML Trading Up 0.7%

Shares of NASDAQ:ASML opened at $768.91 on Thursday. The firm has a fifty day moving average of $681.12 and a two-hundred day moving average of $702.88. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09. The firm has a market capitalization of $302.51 billion, a P/E ratio of 36.97, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75.

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 analysts’ consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $7.90 billion. On average, equities analysts expect that ASML Holding will post 25.17 EPS for the current fiscal 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.