Allspring Global Investments Holdings LLC raised its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 131.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,442 shares of the semiconductor company's stock after purchasing an additional 9,340 shares during the period. Allspring Global Investments Holdings LLC's holdings in ASML were worth $10,972,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Wealthcare Advisory Partners LLC grew its position in ASML by 12.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock worth $266,000 after acquiring an additional 44 shares during the period. Rhumbline Advisers grew its holdings in shares of ASML by 12.7% during the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after buying an additional 947 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in ASML by 1.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock valued at $2,304,000 after purchasing an additional 55 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in ASML by 2.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock valued at $22,806,000 after purchasing an additional 763 shares in the last quarter. Finally, Novo Holdings A S lifted its position in shares of ASML by 24.4% during the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock valued at $114,938,000 after acquiring an additional 32,500 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on ASML. Wells Fargo & Company decreased their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. Finally, Susquehanna cut their price target 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. Five research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, ASML currently has a consensus rating of "Moderate Buy" and an average price target of $913.80.
Check Out Our Latest Research Report on ASML
ASML Stock Performance
Shares of NASDAQ ASML traded down $9.41 during midday trading on Monday, hitting $785.09. 1,351,999 shares of the stock traded hands, compared to its average volume of 1,709,478. The firm has a 50-day moving average of $749.55 and a two-hundred day moving average of $722.83. The firm has a market capitalization of $308.87 billion, a P/E ratio of 33.08, a PEG ratio of 1.66 and a beta of 1.73. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09.
ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly 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. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. On average, equities analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
ASML Company Profile
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Free Report)
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.
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