Versant Capital Management Inc Has $828,000 Stock Position in ASML Holding (NASDAQ:ASML)

Versant Capital Management Inc raised its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 1,045.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,249 shares of the semiconductor company's stock after buying an additional 1,140 shares during the period. Versant Capital Management Inc's holdings in ASML were worth $828,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ASML. Edgewood Management LLC boosted its holdings in ASML by 43.1% during 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 in the last quarter. Amundi lifted its holdings in ASML by 4,880.5% during the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after buying an additional 328,552 shares in the last quarter. Wellington Management Group LLP lifted its holdings in ASML by 53.4% during the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after buying an additional 281,156 shares in the last quarter. Raymond James Financial Inc. acquired a new position in ASML during the 4th quarter worth $175,257,000. Finally, Fisher Funds Management LTD acquired a new position in ASML during the 4th quarter worth $137,386,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Down 1.9%

NASDAQ ASML traded down $14.55 on Friday, reaching $732.52. The company had a trading volume of 1,785,398 shares, compared to its average volume of 1,673,415. The firm has a market capitalization of $288.19 billion, a price-to-earnings ratio of 35.22, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company's fifty day moving average is $687.99 and its 200-day moving average is $708.25.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 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 company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. On average, research analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ASML. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Susquehanna reduced 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. Wells Fargo & Company dropped their target price 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. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.

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.