Yarbrough Capital LLC Acquires New Holdings in ASML Holding (NASDAQ:ASML)

Yarbrough Capital LLC bought a new position in ASML Holding (NASDAQ:ASML) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,401 shares of the semiconductor company’s stock, valued at approximately $3,050,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ASML. Armstrong Advisory Group Inc. grew its position in shares of ASML by 24.5% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 12 shares during the period. Matrix Private Capital Group LLC lifted its stake in ASML by 5.5% in the second quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company’s stock valued at $254,000 after buying an additional 13 shares in the last quarter. Bruce G. Allen Investments LLC boosted its holdings in shares of ASML by 21.2% in the third quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock valued at $67,000 after buying an additional 14 shares during the period. Fortitude Family Office LLC increased its position in shares of ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of ASML by 1.7% during the third quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company’s stock worth $768,000 after acquiring an additional 15 shares during the period. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Susquehanna lowered their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. JPMorgan Chase & Co. cut their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Finally, Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Trading Up 3.3 %

NASDAQ ASML opened at $750.28 on Friday. The company has a market cap of $295.18 billion, a PE ratio of 39.28, a PEG ratio of 2.30 and a beta of 1.47. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock has a 50 day moving average of $703.52 and a 200-day moving average of $801.32. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The company had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, equities research analysts anticipate that ASML Holding will post 20.57 EPS for the current fiscal 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.