Cambridge Investment Research Advisors Inc. Has $12.99 Million Holdings in ASML Holding N.V. (NASDAQ:ASML)

Cambridge Investment Research Advisors Inc. increased its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 7.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 19,601 shares of the semiconductor company's stock after purchasing an additional 1,394 shares during the period. Cambridge Investment Research Advisors Inc.'s holdings in ASML were worth $12,988,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ASML. Wolff Wiese Magana LLC acquired a new stake in ASML in the 1st quarter worth $61,000. Channing Global Advisors LLC lifted its stake in shares of ASML by 7.1% in the first quarter. Channing Global Advisors LLC now owns 1,380 shares of the semiconductor company's stock valued at $914,000 after buying an additional 92 shares during the period. Vantage Investment Partners LLC grew its position in ASML by 5.4% during the first quarter. Vantage Investment Partners LLC now owns 56,168 shares of the semiconductor company's stock worth $37,219,000 after buying an additional 2,878 shares in the last quarter. Guyasuta Investment Advisors Inc. increased its stake in ASML by 0.5% during the first quarter. Guyasuta Investment Advisors Inc. now owns 28,126 shares of the semiconductor company's stock valued at $18,637,000 after acquiring an additional 142 shares during the period. Finally, Center for Financial Planning Inc. raised its holdings in ASML by 28.3% in the 1st quarter. Center for Financial Planning Inc. now owns 222 shares of the semiconductor company's stock valued at $147,000 after acquiring an additional 49 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

Analyst Ratings Changes

ASML has been the topic of several recent research reports. Sanford C. Bernstein initiated coverage on 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 research note on Tuesday, June 3rd. Citigroup restated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Wells Fargo & Company reduced their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Finally, Susquehanna lowered their target price 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. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $913.80.

ASML Price Performance

NASDAQ:ASML traded up $1.88 during mid-day trading on Wednesday, reaching $815.24. 1,383,104 shares of the company were exchanged, compared to its average volume of 1,693,436. 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 stock has a market cap of $320.73 billion, a PE ratio of 34.35, a PEG ratio of 1.51 and a beta of 1.74. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a fifty day moving average of $725.54 and a 200 day moving average of $718.20.

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 for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. On average, research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

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.