Werlinich Asset Management LLC Purchases Shares of 1,960 ASML Holding (NASDAQ:ASML)

Werlinich Asset Management LLC acquired a new position in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 1,960 shares of the semiconductor company’s stock, valued at approximately $1,364,000.

Other hedge funds have also modified their holdings of the company. DekaBank Deutsche Girozentrale boosted its stake in shares of ASML by 10.1% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 261 shares of the semiconductor company’s stock valued at $270,000 after buying an additional 24 shares during the period. Citizens Financial Group Inc. RI purchased a new stake in shares of ASML in the 2nd quarter valued at approximately $201,000. Moors & Cabot Inc. increased its holdings in ASML by 10.0% in the second quarter. Moors & Cabot Inc. now owns 1,119 shares of the semiconductor company’s stock valued at $1,144,000 after buying an additional 102 shares during the last quarter. Bradley Foster & Sargent Inc. CT raised its stake in ASML by 74.7% in the second quarter. Bradley Foster & Sargent Inc. CT now owns 3,526 shares of the semiconductor company’s stock valued at $3,606,000 after buying an additional 1,508 shares in the last quarter. Finally, Blair William & Co. IL lifted its holdings in ASML by 11.8% during the 2nd quarter. Blair William & Co. IL now owns 16,181 shares of the semiconductor company’s stock worth $16,549,000 after buying an additional 1,711 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 3.3 %

ASML stock opened at $750.28 on Friday. The stock’s 50 day moving average price is $703.52 and its 200 day moving average price is $801.32. The company has a market cap of $295.18 billion, a PE ratio of 39.28, a price-to-earnings-growth ratio of 2.30 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 Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The business had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. On average, sell-side analysts predict that ASML Holding will post 20.57 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on ASML. JPMorgan Chase & Co. dropped their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Finally, Susquehanna decreased their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $955.50.

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.