Arcadia Investment Management Corp MI lifted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 7.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,723 shares of the semiconductor company's stock after buying an additional 715 shares during the period. ASML accounts for approximately 1.2% of Arcadia Investment Management Corp MI's holdings, making the stock its 29th biggest position. Arcadia Investment Management Corp MI's holdings in ASML were worth $6,443,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Linden Thomas Advisory Services LLC boosted its stake in ASML by 15.3% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 511 shares of the semiconductor company's stock worth $339,000 after purchasing an additional 68 shares during the period. Personal CFO Solutions LLC grew its stake in ASML by 13.2% during the first quarter. Personal CFO Solutions LLC now owns 1,831 shares of the semiconductor company's stock worth $1,213,000 after buying an additional 213 shares during the last quarter. Valeo Financial Advisors LLC lifted its position in shares of ASML by 49.1% during the first quarter. Valeo Financial Advisors LLC now owns 2,762 shares of the semiconductor company's stock worth $1,830,000 after purchasing an additional 910 shares in the last quarter. Robocap Asset Management Ltd acquired a new position in ASML in the first quarter valued at approximately $1,931,000. Finally, M&T Bank Corp raised its holdings in ASML by 2.5% in the first quarter. M&T Bank Corp now owns 17,166 shares of the semiconductor company's stock worth $11,374,000 after purchasing an additional 417 shares during the period. Institutional investors own 26.07% of the company's stock.
ASML Stock Performance
ASML opened at $794.10 on Wednesday. The firm has a market cap of $312.41 billion, a P/E ratio of 33.46, a PEG ratio of 1.64 and a beta of 1.73. The company has a 50 day simple moving average of $754.35 and a two-hundred day simple moving average of $723.88. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09.
ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results 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 28.32% and a return on equity of 51.82%. The firm had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. Equities analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.
Analyst Ratings Changes
ASML has been the subject of several analyst reports. Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. Barclays reissued an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Jefferies Financial Group downgraded shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Sanford C. Bernstein assumed coverage on shares of ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Finally, Susquehanna lowered their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $923.80.
Check Out Our Latest Stock Analysis on ASML
ASML Company Profile
(
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.
See Also
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