Stratos Wealth Partners LTD. increased its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 21.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,585 shares of the semiconductor company's stock after purchasing an additional 977 shares during the period. Stratos Wealth Partners LTD.'s holdings in ASML were worth $3,701,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC boosted its stake in shares of ASML by 12.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock valued at $266,000 after buying an additional 44 shares in the last quarter. Rhumbline Advisers lifted its holdings in ASML by 12.7% in the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock valued at $5,571,000 after acquiring an additional 947 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of ASML by 1.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock worth $2,304,000 after purchasing an additional 55 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of ASML by 2.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock worth $22,806,000 after purchasing an additional 763 shares during the period. Finally, Novo Holdings A S increased its holdings in shares of ASML by 24.4% in the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock valued at $114,938,000 after purchasing an additional 32,500 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.
Analyst Ratings Changes
ASML has been the topic of several recent analyst reports. Sanford C. Bernstein assumed coverage on shares of ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price on the stock. Barclays reissued an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Finally, Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and an average target price of $923.80.
Check Out Our Latest Stock Analysis on ASML
ASML Stock Performance
ASML stock opened at $799.83 on Thursday. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The company has a market capitalization of $314.67 billion, a price-to-earnings ratio of 33.71, a PEG ratio of 1.66 and a beta of 1.73. The stock has a fifty day moving average of $756.99 and a two-hundred day moving average of $724.40. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52.
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. The firm had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. On average, analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
ASML Profile
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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.
Further Reading
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