ASML Holding N.V. (NASDAQ:ASML) Stock Position Raised by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC raised its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 26.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,951 shares of the semiconductor company's stock after buying an additional 829 shares during the quarter. Concurrent Investment Advisors LLC's holdings in ASML were worth $2,618,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ASML. Edgewood Management LLC raised its position in shares of ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after purchasing an additional 959,696 shares during the period. GAMMA Investing LLC raised its position in shares of ASML by 70,115.5% during the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after purchasing an additional 1,398,805 shares during the period. Clearbridge Investments LLC raised its position in shares of ASML by 2.8% during the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock worth $868,324,000 after purchasing an additional 33,603 shares during the period. Neuberger Berman Group LLC grew its holdings in ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock worth $667,155,000 after buying an additional 13,115 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in ASML by 5.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock worth $622,769,000 after buying an additional 46,028 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Price Performance

NASDAQ ASML traded up $10.40 on Tuesday, reaching $795.49. 495,781 shares of the stock traded hands, compared to its average volume of 1,704,978. The firm's fifty day simple moving average is $751.79 and its 200 day simple moving average is $723.39. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The company has a market cap of $312.96 billion, a price-to-earnings ratio of 33.56, a P/E/G ratio of 1.66 and a beta of 1.73. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. As a group, research analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

Analysts Set New Price Targets

ASML has been the subject of a number of recent analyst reports. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Susquehanna decreased their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Sanford C. Bernstein initiated coverage on ASML in a report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price objective for the company. Finally, Wells Fargo & Company increased their price objective on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $923.80.

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.