Envestnet Asset Management Inc. Boosts Stock Position in ASML Holding N.V. (NASDAQ:ASML)

Envestnet Asset Management Inc. raised its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 12.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 430,721 shares of the semiconductor company's stock after purchasing an additional 46,828 shares during the period. Envestnet Asset Management Inc. owned about 0.11% of ASML worth $285,408,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ASML. GAMMA Investing LLC grew its holdings in ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares during the period. Edgewood Management LLC boosted its stake in shares of ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after acquiring an additional 959,696 shares during the last quarter. Amundi boosted its stake in shares of ASML by 4,880.5% in the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after acquiring an additional 328,552 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after acquiring an additional 281,156 shares during the last quarter. Finally, First Manhattan CO. LLC. boosted its stake in shares of ASML by 59.4% in the fourth quarter. First Manhattan CO. LLC. now owns 439,890 shares of the semiconductor company's stock worth $307,374,000 after acquiring an additional 163,945 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Trading Down 0.3%

ASML stock traded down $2.51 during trading on Friday, reaching $799.58. 207,919 shares of the company were exchanged, compared to its average volume of 1,709,349. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. The company has a market capitalization of $314.57 billion, a P/E ratio of 33.71, a PEG ratio of 1.67 and a beta of 1.73. The stock's 50 day simple moving average is $759.69 and its two-hundred day simple moving average is $724.96.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 51.82% and a net margin of 28.32%. The company had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. On average, equities research analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Sanford C. Bernstein assumed coverage on ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target on the stock. Wells Fargo & Company lifted their price target on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research note on Tuesday. Finally, Susquehanna reduced their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Five 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. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $923.80.

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.