Renaissance Technologies LLC Invests $270,000 in ASML Holding (NASDAQ:ASML)

Renaissance Technologies LLC purchased a new stake in shares of ASML Holding (NASDAQ:ASML) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 386 shares of the semiconductor company’s stock, valued at approximately $270,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Synovus Financial Corp lifted its position in ASML by 4.9% during the third quarter. Synovus Financial Corp now owns 475 shares of the semiconductor company’s stock valued at $396,000 after purchasing an additional 22 shares during the last quarter. Capital Market Strategies LLC bought a new stake in shares of ASML during the 4th quarter worth $796,000. Doliver Advisors LP grew its position in ASML by 8.9% in the fourth quarter. Doliver Advisors LP now owns 2,392 shares of the semiconductor company’s stock worth $1,658,000 after acquiring an additional 195 shares in the last quarter. First Hawaiian Bank increased its stake in ASML by 32.4% in the fourth quarter. First Hawaiian Bank now owns 1,013 shares of the semiconductor company’s stock valued at $702,000 after acquiring an additional 248 shares during the last quarter. Finally, Michael S. Ryan Inc. purchased a new stake in ASML during the fourth quarter valued at about $365,000. 26.07% of the stock is owned by institutional investors.

ASML Stock Down 1.0 %

Shares of NASDAQ ASML opened at $683.36 on Tuesday. The company has a market cap of $268.85 billion, a price-to-earnings ratio of 32.85, a PEG ratio of 1.62 and a beta of 1.75. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The firm’s fifty day moving average is $679.56 and its 200 day moving average is $702.13. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. On average, equities research analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ASML. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. lowered their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Susquehanna reduced their target price on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Finally, Wells Fargo & Company lowered their price target on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $906.00.

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.