Intellectus Partners LLC Buys New Position in ASML Holding (NASDAQ:ASML)

Intellectus Partners LLC bought a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 696 shares of the semiconductor company's stock, valued at approximately $461,000.

Several other hedge funds have also recently added to or reduced their stakes in ASML. Strategic Financial Concepts LLC acquired a new stake in shares of ASML during the fourth quarter worth $337,000. Mather Group LLC. grew its holdings in ASML by 13.8% during the 4th quarter. Mather Group LLC. now owns 412 shares of the semiconductor company's stock worth $286,000 after acquiring an additional 50 shares during the period. Figure 8 Investment Strategies LLC acquired a new stake in ASML during the 4th quarter worth about $1,239,000. Telos Capital Management Inc. raised its position in shares of ASML by 8.2% in the 4th quarter. Telos Capital Management Inc. now owns 10,144 shares of the semiconductor company's stock worth $7,031,000 after acquiring an additional 771 shares in the last quarter. Finally, Savant Capital LLC lifted its stake in shares of ASML by 22.4% in the 4th quarter. Savant Capital LLC now owns 907 shares of the semiconductor company's stock valued at $629,000 after purchasing an additional 166 shares during the period. Institutional investors own 26.07% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ASML shares. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday. Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, Susquehanna cut 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. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $906.00.

ASML Trading Up 0.7%

NASDAQ ASML opened at $753.02 on Friday. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The business has a 50 day moving average price of $694.72 and a 200-day moving average price of $710.91. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a market cap of $296.25 billion, a price-to-earnings ratio of 36.20, a P/E/G ratio of 1.62 and a beta of 1.74.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly 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 net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. As a group, equities analysts expect that ASML Holding will post 25.17 earnings per share 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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