ASML Holding (NASDAQ:ASML) Shares Bought by Investment Partners Asset Management Inc.

Investment Partners Asset Management Inc. boosted its position in ASML Holding (NASDAQ:ASML - Free Report) by 119.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 672 shares of the semiconductor company's stock after acquiring an additional 366 shares during the quarter. Investment Partners Asset Management Inc.'s holdings in ASML were worth $445,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wellington Shields & Co. LLC raised its position in ASML by 740.0% in the fourth 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 period. Halbert Hargrove Global Advisors LLC purchased a new position in ASML in the fourth quarter valued at about $31,000. Roxbury Financial LLC purchased a new position in ASML in the fourth quarter valued at about $39,000. Tradewinds Capital Management LLC raised its position in ASML by 96.7% in the fourth quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock valued at $41,000 after purchasing an additional 29 shares during the period. Finally, Investment Management Corp VA ADV purchased a new position in ASML in the fourth quarter valued at about $46,000. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Stock Down 3.2%

ASML stock traded down $25.21 during midday trading on Friday, hitting $761.00. The stock had a trading volume of 1,742,119 shares, compared to its average volume of 1,684,517. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock has a market cap of $299.39 billion, a P/E ratio of 36.59, a P/E/G 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 business has a fifty day moving average price of $710.27 and a 200 day moving average price of $714.86.

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 for the quarter, beating the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Research analysts predict that ASML Holding will post 25.17 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Susquehanna dropped their target price 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. Wells Fargo & Company dropped 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. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.

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.