Strategic Planning Group LLC Increases Position in ASML Holding (NASDAQ:ASML)

Strategic Planning Group LLC grew its holdings in ASML Holding (NASDAQ:ASML) by 10.4% during the fourth quarter, HoldingsChannel reports. The firm owned 4,200 shares of the semiconductor company’s stock after acquiring an additional 395 shares during the period. Strategic Planning Group LLC’s holdings in ASML were worth $2,911,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Baring Financial LLC purchased a new position in ASML during the fourth quarter worth approximately $378,000. Hanson & Doremus Investment Management purchased a new position in shares of ASML during the 4th quarter worth $156,000. Allen Capital Group LLC grew its holdings in shares of ASML by 23.2% in the fourth quarter. Allen Capital Group LLC now owns 2,743 shares of the semiconductor company’s stock valued at $1,901,000 after purchasing an additional 517 shares during the period. Strategic Blueprint LLC increased its position in ASML by 24.6% during the fourth quarter. Strategic Blueprint LLC now owns 592 shares of the semiconductor company’s stock worth $410,000 after purchasing an additional 117 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its stake in ASML by 49.8% during the fourth quarter. Hantz Financial Services Inc. now owns 16,311 shares of the semiconductor company’s stock worth $11,305,000 after purchasing an additional 5,422 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ ASML opened at $712.65 on Thursday. 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 company has a market cap of $280.37 billion, a P/E ratio of 37.31, a P/E/G ratio of 2.39 and a beta of 1.47. The stock has a 50-day moving average of $715.62 and a two-hundred day moving average of $778.53. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, analysts anticipate that ASML Holding will post 20.54 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ASML. 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 target for the company. JPMorgan Chase & Co. reduced their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Sanford C. Bernstein cut their price objective 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 upped their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $946.60.

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.