Nisa Investment Advisors LLC Increases Stock Holdings in ASML Holding (NASDAQ:ASML)

Nisa Investment Advisors LLC raised its position in ASML Holding (NASDAQ:ASML) by 962.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 170 shares of the semiconductor company’s stock after acquiring an additional 154 shares during the quarter. Nisa Investment Advisors LLC’s holdings in ASML were worth $118,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ASML. Armstrong Advisory Group Inc. grew its holdings in ASML by 24.5% during 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 in the last quarter. Bruce G. Allen Investments LLC grew its stake in shares of ASML by 21.2% during the third quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock valued at $67,000 after acquiring an additional 14 shares in the last quarter. Steigerwald Gordon & Koch Inc. grew its stake in shares of ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after acquiring an additional 14 shares in the last quarter. 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 during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of ASML by 1.7% in 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 in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ASML shares. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Susquehanna dropped their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday. Finally, BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Trading Up 3.4 %

ASML stock opened at $736.99 on Friday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The firm’s 50-day moving average is $716.70 and its 200-day moving average is $778.07. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The company has a market cap of $289.95 billion, a P/E ratio of 38.59, a PEG 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 earnings per share 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%. On average, equities analysts expect that ASML Holding will post 20.54 earnings per share for the current year.

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.