Adell Harriman & Carpenter Inc. Has $847,000 Holdings in ASML Holding N.V. (NASDAQ:ASML)

Adell Harriman & Carpenter Inc. increased its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 45.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,278 shares of the semiconductor company's stock after acquiring 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 quarter.

Other large investors also recently bought and sold shares of the company. Edgewood Management LLC increased its holdings in shares of ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after acquiring an additional 959,696 shares during the last quarter. GAMMA Investing LLC lifted its position in ASML by 70,115.5% during the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after acquiring an additional 1,398,805 shares during the period. Clearbridge Investments LLC lifted its position in ASML by 2.8% during 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% during the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock worth $667,155,000 after acquiring an additional 13,115 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in ASML by 5.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock worth $622,769,000 after acquiring an additional 46,028 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Citigroup restated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. 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. Finally, Wells Fargo & Company lowered their price target on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Five equities research 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.com, ASML presently has an average rating of "Moderate Buy" and a consensus target price of $913.80.

ASML Trading Down 0.7%

Shares of NASDAQ ASML traded down $5.40 during mid-day trading on Friday, hitting $794.20. 910,715 shares of the company traded hands, compared to its average volume of 1,710,906. The stock has a market capitalization of $312.45 billion, a price-to-earnings ratio of 33.48, 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 company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The business has a 50 day moving average of $749.55 and a two-hundred day moving average of $722.72.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 51.82% and a net margin of 28.32%. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. On average, sell-side analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

About ASML

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.