Bartlett & CO. Wealth Management LLC Purchases 11,553 Shares of ASML Holding N.V. (NASDAQ:ASML)

Bartlett & CO. Wealth Management LLC lifted its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 19.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 70,009 shares of the semiconductor company's stock after purchasing an additional 11,553 shares during the period. Bartlett & CO. Wealth Management LLC's holdings in ASML were worth $46,390,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Principal Financial Group Inc. grew its holdings in ASML by 43.0% in the fourth quarter. Principal Financial Group Inc. now owns 10,025 shares of the semiconductor company's stock worth $6,948,000 after purchasing an additional 3,016 shares during the last quarter. Sigma Planning Corp boosted its stake in shares of ASML by 9.9% in the fourth quarter. Sigma Planning Corp now owns 598 shares of the semiconductor company's stock worth $415,000 after buying an additional 54 shares during the last quarter. Cutter & CO Brokerage Inc. grew its stake in shares of ASML by 9.1% during the 4th quarter. Cutter & CO Brokerage Inc. now owns 348 shares of the semiconductor company's stock worth $241,000 after purchasing an additional 29 shares during the period. Whipplewood Advisors LLC purchased a new position in ASML in the fourth quarter valued at $119,000. Finally, Heritage Investors Management Corp increased its stake in shares of ASML by 2.1% in the 4th quarter. Heritage Investors Management Corp now owns 1,233 shares of the semiconductor company's stock valued at $855,000 after purchasing an additional 25 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on ASML. Sanford C. Bernstein assumed coverage on shares of ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective on the stock. Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a report on Thursday. Susquehanna dropped their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Finally, Citigroup reissued 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 given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $913.80.

ASML Trading Down 2.1%

ASML opened at $798.09 on Friday. The business's 50-day simple moving average is $732.31 and its 200-day simple moving average is $719.50. The company has a market cap of $313.98 billion, a P/E ratio of 33.63, a PEG ratio of 1.58 and a beta of 1.74. 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 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 announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share 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 analysts' expectations of $7.90 billion. ASML had a net margin of 28.32% and a return on equity of 51.82%. As a group, equities research analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

About ASML

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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