Dover Advisors LLC Increases Holdings in ASML Holding (NASDAQ:ASML)

Dover Advisors LLC boosted its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 31.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,679 shares of the semiconductor company's stock after buying an additional 648 shares during the period. Dover Advisors LLC's holdings in ASML were worth $1,775,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in ASML. Wellington Shields & Co. LLC lifted its holdings in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in ASML during the fourth quarter worth approximately $31,000. Roxbury Financial LLC acquired a new stake in shares of ASML during the 4th quarter worth $39,000. Tradewinds Capital Management LLC increased its holdings in ASML by 96.7% in the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock valued at $41,000 after buying an additional 29 shares during the period. Finally, Investment Management Corp VA ADV bought a new stake in ASML during the fourth quarter worth $46,000. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of ASML stock traded down $15.37 on Tuesday, reaching $759.86. The company's stock had a trading volume of 1,368,102 shares, compared to its average volume of 1,682,342. The company has a market capitalization of $298.95 billion, a P/E ratio of 36.53, a PEG ratio of 1.62 and a beta of 1.74. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09. The stock's 50 day simple moving average is $713.86 and its 200-day simple moving average is $715.79. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

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 (EPS) 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 the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ASML. Susquehanna lowered their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Barclays reissued an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Sanford C. Bernstein initiated coverage on shares of ASML in a research report on Tuesday. They issued a "market perform" rating and a $806.00 price target on the stock. Finally, Wells Fargo & Company cut their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $913.80.

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.