Cetera Investment Advisers Buys 5,723 Shares of ASML Holding (NASDAQ:ASML)

Cetera Investment Advisers lifted its position in ASML Holding (NASDAQ:ASML - Free Report) by 21.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,574 shares of the semiconductor company's stock after acquiring an additional 5,723 shares during the quarter. Cetera Investment Advisers' holdings in ASML were worth $22,576,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in ASML. Edgewood Management LLC grew its stake in ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after buying an additional 959,696 shares during the last quarter. Van ECK Associates Corp grew its position in shares of ASML by 1.8% during the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company's stock worth $1,239,421,000 after acquiring an additional 31,231 shares during the last quarter. Clearbridge Investments LLC increased its holdings in shares of ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock worth $868,324,000 after acquiring an additional 33,603 shares during the period. Neuberger Berman Group LLC lifted its position in ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after purchasing an additional 13,115 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in ASML by 5.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock valued at $622,769,000 after purchasing an additional 46,028 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

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

ASML Price Performance

Shares of ASML stock traded down $1.82 during trading on Friday, hitting $706.21. 883,949 shares of the company's stock traded hands, compared to its average volume of 1,647,420. The company has a market cap of $277.84 billion, a PE ratio of 33.95, a PEG ratio of 1.62 and a beta of 1.75. The firm's fifty day moving average price is $679.19 and its 200 day moving average price is $701.79. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) 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 business had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. Analysts forecast that ASML Holding will post 25.17 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.