Adell Harriman & Carpenter Inc. Raises Stock Holdings in ASML Holding N.V. (NASDAQ:ASML)

Adell Harriman & Carpenter Inc. grew its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 45.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,278 shares of the semiconductor company's stock after purchasing an additional 399 shares during the period. Adell Harriman & Carpenter Inc.'s holdings in ASML were worth $847,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ASML. GAMMA Investing LLC increased its holdings in shares of ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares during the period. Edgewood Management LLC increased its holdings in shares of ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after purchasing an additional 959,696 shares during the period. Amundi increased its holdings in shares of ASML by 4,880.5% in the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after purchasing an additional 328,552 shares during the period. Wellington Management Group LLP increased its holdings in shares of ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after purchasing an additional 281,156 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of ASML in the fourth quarter valued at approximately $175,257,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Price Performance

ASML stock traded down $5.40 during trading hours on Friday, hitting $794.20. The stock had a trading volume of 910,715 shares, compared to its average volume of 1,710,906. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. The stock has a market capitalization of $312.45 billion, a price-to-earnings ratio of 33.47, a PEG ratio of 1.66 and a beta of 1.73. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09. The stock's fifty day moving average is $749.55 and its two-hundred day moving average is $722.74.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share 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. As a group, analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on ASML shares. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Finally, Sanford C. Bernstein began coverage on ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective on the stock. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and an average target price of $913.80.

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.