Calamos Advisors LLC lifted its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 124.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,783 shares of the semiconductor company's stock after buying an additional 15,382 shares during the quarter. Calamos Advisors LLC's holdings in ASML were worth $18,410,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Edgewood Management LLC raised its stake in ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after purchasing an additional 959,696 shares in the last quarter. GAMMA Investing LLC raised its stake in ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares in the last quarter. Clearbridge Investments LLC raised its stake in ASML by 2.8% in the fourth quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock valued at $868,324,000 after purchasing an additional 33,603 shares in the last quarter. Neuberger Berman Group LLC raised its stake in ASML by 1.4% in the fourth quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after purchasing an additional 13,115 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in ASML by 5.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock valued at $622,769,000 after purchasing an additional 46,028 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on ASML shares. Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Susquehanna reduced their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Finally, Sanford C. Bernstein began coverage on shares of ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target on the stock. Five research 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. Based on data from MarketBeat, ASML currently has an average rating of "Moderate Buy" and a consensus target price of $913.80.
Read Our Latest Research Report on ASML
ASML Price Performance
Shares of NASDAQ ASML traded down $5.40 during midday trading on Friday, reaching $794.20. 910,715 shares of the company were exchanged, compared to its average volume of 1,710,906. The stock's 50-day moving average price is $749.55 and its 200-day moving average price is $722.74. The stock has a market cap of $312.45 billion, a P/E ratio of 33.47, a PEG ratio of 1.66 and a beta of 1.73. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results 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. The company had revenue of $8.77 billion for 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, sell-side analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share 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.
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