Nuveen Asset Management LLC Cuts Holdings in ASML Holding (NASDAQ:ASML)

Nuveen Asset Management LLC cut its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 15.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,075 shares of the semiconductor company's stock after selling 373 shares during the quarter. Nuveen Asset Management LLC's holdings in ASML were worth $1,438,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of ASML. Wellington Shields & Co. LLC boosted its holdings in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new stake in ASML during the 4th quarter valued at about $31,000. Roxbury Financial LLC purchased a new stake in ASML during the 4th quarter valued at about $39,000. Caitlin John LLC boosted its holdings in ASML by 78.1% during the 4th quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock valued at $40,000 after acquiring an additional 25 shares during the period. Finally, GPS Wealth Strategies Group LLC boosted its holdings in ASML by 59.5% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 59 shares of the semiconductor company's stock valued at $41,000 after acquiring an additional 22 shares during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 0.7%

Shares of NASDAQ:ASML traded up $5.03 during trading on Thursday, hitting $747.81. The stock had a trading volume of 1,506,317 shares, compared to its average volume of 1,674,737. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a market capitalization of $294.20 billion, a PE ratio of 35.95, a PEG ratio of 1.62 and a beta of 1.74. The firm's fifty day moving average is $691.30 and its 200 day moving average is $709.71. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

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

Analyst Upgrades and Downgrades

A number of research analysts have commented on ASML shares. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday. Susquehanna lowered their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. 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 research report on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock 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.