Norris Perne & French LLP MI Has $216,000 Holdings in ASML Holding (NASDAQ:ASML)

Norris Perne & French LLP MI lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 22.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 311 shares of the semiconductor company’s stock after buying an additional 58 shares during the quarter. Norris Perne & French LLP MI’s holdings in ASML were worth $216,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC raised its position in shares of ASML by 94,079.7% in the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after purchasing an additional 491,096 shares during the period. Van ECK Associates Corp grew its position in ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after buying an additional 474,653 shares in the last quarter. Mediolanum International Funds Ltd purchased a new position in ASML in the 3rd quarter worth approximately $125,952,000. SG Americas Securities LLC raised its position in ASML by 281.3% during the fourth quarter. SG Americas Securities LLC now owns 156,693 shares of the semiconductor company’s stock valued at $108,601,000 after purchasing an additional 115,603 shares in the last quarter. Finally, Pathway Financial Advisers LLC grew its position in ASML by 97,001.7% during the third quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock valued at $94,665,000 after acquiring an additional 113,492 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

ASML opened at $736.99 on Friday. The stock has a 50-day moving average price of $716.70 and a 200-day moving average price of $778.07. 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. The firm has a market cap of $289.95 billion, a PE ratio of 38.59, a P/E/G ratio of 2.39 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 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%. Sell-side analysts predict that ASML Holding will post 20.54 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ASML. Susquehanna cut 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 report on Friday, October 11th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday. Sanford C. Bernstein lowered their price target 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 raised their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Finally, BNP Paribas started coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

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.