Ballentine Partners LLC Boosts Stake in ASML Holding N.V. (NASDAQ:ASML)

Ballentine Partners LLC lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 12.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,137 shares of the semiconductor company's stock after buying an additional 447 shares during the period. Ballentine Partners LLC's holdings in ASML were worth $2,741,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Wealthcare Advisory Partners LLC increased its holdings in 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 purchasing an additional 44 shares during the period. Rhumbline Advisers increased 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 purchasing an additional 947 shares during the period. Sequoia Financial Advisors LLC increased its holdings in ASML by 1.6% in the first quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock valued at $2,304,000 after purchasing an additional 55 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in ASML by 2.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock valued at $22,806,000 after purchasing an additional 763 shares during the period. Finally, Novo Holdings A S boosted its position in ASML by 24.4% during the fourth quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock valued at $114,938,000 after acquiring an additional 32,500 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Down 8.3%

Shares of ASML stock traded down $68.57 on Wednesday, reaching $754.45. 10,771,053 shares of the company were exchanged, compared to its average volume of 1,754,986. The company has a market cap of $296.82 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 1.69 and a beta of 1.73. The company has a 50-day moving average of $767.23 and a 200-day moving average of $726.96. 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 one year low of $578.51 and a one year high of $1,077.05.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 28.32% and a return on equity of 51.82%. Analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have commented on the stock. 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 price target on the stock. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. Susquehanna cut 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 report on Thursday, April 17th. Finally, Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Five research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $923.80.

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.