First Business Financial Services Inc. Takes Position in ASML Holding N.V. (NASDAQ:ASML)

First Business Financial Services Inc. purchased a new position in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 737 shares of the semiconductor company's stock, valued at approximately $488,000.

A number of other institutional investors have also added to or reduced their stakes in ASML. Wealthcare Advisory Partners LLC increased its holdings in shares of ASML by 12.3% during the first quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock valued at $266,000 after acquiring an additional 44 shares in the last quarter. Rhumbline Advisers increased its holdings in ASML by 12.7% in the 1st quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after buying an additional 947 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in ASML by 1.6% in the first quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock worth $2,304,000 after purchasing an additional 55 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in ASML by 2.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock worth $22,806,000 after purchasing an additional 763 shares during the last quarter. Finally, Novo Holdings A S boosted its position in ASML by 24.4% in the fourth quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock worth $114,938,000 after purchasing an additional 32,500 shares during the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Stock Down 8.3%

Shares of NASDAQ ASML traded down $68.57 during mid-day trading on Wednesday, reaching $754.45. 10,771,053 shares of the company were exchanged, compared to its average volume of 1,757,267. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The stock has a market cap of $296.82 billion, a price-to-earnings ratio of 31.79, a P/E/G ratio of 1.72 and a beta of 1.73. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $979.99. The firm has a 50-day moving average of $768.31 and a 200 day moving average of $727.15.

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, beating the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 51.82% and a net margin of 28.32%. The company had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. On average, research analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Wells Fargo & Company lifted their price objective on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Sanford C. Bernstein began coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price on the stock. Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Finally, Citigroup reiterated a "buy" rating on shares of ASML in a report on Monday, May 19th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $923.80.

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.