China Universal Asset Management Co. Ltd. Acquires 587 Shares of ASML Holding N.V. (NASDAQ:ASML)

China Universal Asset Management Co. Ltd. grew its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 22.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 3,231 shares of the semiconductor company's stock after buying an additional 587 shares during the quarter. China Universal Asset Management Co. Ltd.'s holdings in ASML were worth $2,141,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealthcare Advisory Partners LLC lifted its holdings in ASML by 12.3% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock worth $266,000 after buying an additional 44 shares during the period. Rhumbline Advisers lifted its stake in shares of ASML by 12.7% in the 1st 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 lifted its stake in shares of ASML by 1.6% in the 1st 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 lifted its stake in shares of ASML by 2.3% in the 1st 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 lifted its stake in shares of ASML by 24.4% in the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock valued at $114,938,000 after purchasing an additional 32,500 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ASML. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Sanford C. Bernstein began coverage on ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price for the company. Citigroup restated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Susquehanna lowered 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. 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. Based on data from MarketBeat.com, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Stock Up 1.1%

NASDAQ:ASML traded up $9.01 during trading hours on Tuesday, reaching $794.10. 1,327,135 shares of the company traded hands, compared to its average volume of 1,707,995. The business's 50-day moving average price is $751.79 and its two-hundred day moving average price is $723.39. The stock has a market capitalization of $312.41 billion, a P/E ratio of 33.46, a P/E/G ratio of 1.66 and a beta of 1.73. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,110.09. 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 (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. Analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current 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.