Yarbrough Capital LLC Acquires Shares of 4,401 ASML Holding (NASDAQ:ASML)

Yarbrough Capital LLC bought a new position in shares of ASML Holding (NASDAQ:ASML) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 4,401 shares of the semiconductor company’s stock, valued at approximately $3,050,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Fairway Wealth LLC bought a new stake in ASML in the 3rd quarter valued at about $25,000. Resources Management Corp CT ADV bought a new stake in ASML during the second quarter worth $26,000. Milestone Investment Advisors LLC acquired a new stake in ASML in the third quarter valued at about $28,000. Fortitude Family Office LLC boosted its stake in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of ASML during the 3rd quarter valued at approximately $43,000. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 3.3 %

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

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $7.66 billion. On average, equities research analysts forecast that ASML Holding will post 20.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. cut 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 ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Susquehanna dropped 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. Finally, Wells Fargo & Company boosted their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price 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.