Simon Quick Advisors LLC Buys 418 Shares of ASML Holding (NASDAQ:ASML)

Simon Quick Advisors LLC grew its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 24.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,096 shares of the semiconductor company's stock after buying an additional 418 shares during the quarter. Simon Quick Advisors LLC's holdings in ASML were worth $1,389,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in ASML. GAMMA Investing LLC raised its stake in shares of ASML by 70,115.5% in the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after buying an additional 1,398,805 shares in the last quarter. Edgewood Management LLC increased its position in shares of ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after purchasing an additional 959,696 shares in the last quarter. Amundi increased its position in shares of 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 purchasing an additional 328,552 shares in the last quarter. Wellington Management Group LLP increased its position in shares of 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 purchasing an additional 281,156 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of ASML during the 4th quarter worth about $175,257,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Citigroup reiterated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Wells Fargo & Company lowered their price objective 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. Susquehanna lowered their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Finally, Barclays restated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $906.00.

ASML Trading Up 0.3%

Shares of NASDAQ:ASML traded up $2.12 during trading on Thursday, hitting $786.21. 998,920 shares of the company's stock were exchanged, compared to its average volume of 1,679,421. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The firm has a 50-day moving average price of $703.55 and a two-hundred day moving average price of $713.24. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The firm has a market cap of $309.31 billion, a P/E ratio of 37.80, a PEG ratio of 1.62 and a beta of 1.74.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. Equities analysts predict that ASML Holding will post 25.17 earnings per share for the current 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.