Augustine Asset Management Inc. Increases Stake in ASML Holding N.V. (NASDAQ:ASML)

Augustine Asset Management Inc. grew its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 94.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,928 shares of the semiconductor company's stock after buying an additional 2,392 shares during the period. ASML makes up about 1.0% of Augustine Asset Management Inc.'s holdings, making the stock its 24th biggest holding. Augustine Asset Management Inc.'s holdings in ASML were worth $3,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of ASML. Sfmg LLC grew its position in ASML by 3.0% in the fourth quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock worth $354,000 after acquiring an additional 15 shares in the last quarter. Norinchukin Bank The lifted its stake in ASML by 1.8% during the fourth quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock worth $594,000 after purchasing an additional 15 shares during the last quarter. Coppell Advisory Solutions LLC boosted its holdings in shares of ASML by 18.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock worth $67,000 after purchasing an additional 15 shares in the last quarter. Ethos Financial Group LLC increased its position in shares of ASML by 5.6% during the 4th quarter. Ethos Financial Group LLC now owns 302 shares of the semiconductor company's stock valued at $209,000 after purchasing an additional 16 shares during the last quarter. Finally, Nilsine Partners LLC raised its holdings in shares of ASML by 2.6% during the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock valued at $418,000 after buying an additional 16 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ASML. Susquehanna cut their target price 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 cut shares of ASML from a "buy" rating to a "hold" rating in a research note on Thursday. Sanford C. Bernstein started coverage on shares of ASML in a research report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price on the stock. Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Finally, Wells Fargo & Company reduced their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $913.80.

ASML Trading Up 0.7%

Shares of ASML stock traded up $5.44 during mid-day trading on Monday, reaching $801.39. The stock had a trading volume of 1,080,317 shares, compared to its average volume of 1,702,986. The firm has a market capitalization of $315.28 billion, a PE ratio of 33.77, a price-to-earnings-growth ratio of 1.54 and a beta of 1.74. The stock's 50-day moving average price is $735.42 and its two-hundred day moving average price is $720.22. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last announced 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 company had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. Equities analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Company 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.