ASML Holding N.V. $ASML Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 20.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,195 shares of the semiconductor company's stock after purchasing an additional 717 shares during the quarter. Sequoia Financial Advisors LLC's holdings in ASML were worth $3,362,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Putney Financial Group LLC raised its stake in ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 29 shares during the period. Banque Cantonale Vaudoise acquired a new stake in ASML during the first quarter worth about $27,000. Maseco LLP acquired a new stake in ASML during the second quarter worth about $32,000. Knuff & Co LLC acquired a new stake in ASML during the first quarter worth about $33,000. Finally, Costello Asset Management INC raised its stake in ASML by 147.1% during the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company's stock worth $34,000 after acquiring an additional 25 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Trading Down 0.2%

Shares of NASDAQ:ASML opened at $983.18 on Wednesday. The stock has a market capitalization of $386.67 billion, a price-to-earnings ratio of 41.03, a PEG ratio of 1.66 and a beta of 1.87. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,059.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The company has a 50 day moving average price of $845.63 and a 200 day moving average price of $766.66.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The business had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The company's quarterly revenue was up 23.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.01 earnings per share. On average, research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Arete Research upgraded shares of ASML to a "strong-buy" rating in a research note on Friday, September 12th. Susquehanna raised their price target on shares of ASML from $965.00 to $1,150.00 and gave the company a "positive" rating in a research note on Friday. The Goldman Sachs Group restated a "buy" rating on shares of ASML in a research note on Friday, October 10th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of ASML in a research note on Tuesday, September 30th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of ASML in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $1,001.60.

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.

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.