Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Purchases 4,121 Shares of ASML Holding N.V. (NASDAQ:ASML)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 9.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,643 shares of the semiconductor company's stock after buying an additional 4,121 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA's holdings in ASML were worth $30,032,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Diversified Trust Co boosted its stake in ASML by 7.5% during the 1st quarter. Diversified Trust Co now owns 1,564 shares of the semiconductor company's stock valued at $1,036,000 after purchasing an additional 109 shares during the last quarter. Falcon Wealth Planning lifted its holdings in shares of ASML by 10.4% during the first quarter. Falcon Wealth Planning now owns 426 shares of the semiconductor company's stock valued at $282,000 after purchasing an additional 40 shares in the last quarter. CNB Bank boosted its position in shares of ASML by 21.3% during the first quarter. CNB Bank now owns 643 shares of the semiconductor company's stock valued at $426,000 after buying an additional 113 shares during the last quarter. PDS Planning Inc increased its holdings in ASML by 17.4% in the 1st quarter. PDS Planning Inc now owns 1,593 shares of the semiconductor company's stock worth $1,056,000 after buying an additional 236 shares in the last quarter. Finally, KG&L Capital Management LLC raised its position in ASML by 48.5% in the 1st quarter. KG&L Capital Management LLC now owns 8,155 shares of the semiconductor company's stock worth $5,404,000 after buying an additional 2,663 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Performance

Shares of ASML opened at $798.09 on Friday. 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 quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The stock has a market cap of $313.98 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 1.58 and a beta of 1.74. The business has a 50-day simple moving average of $732.31 and a two-hundred day simple moving average of $719.50.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ASML. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Sanford C. Bernstein initiated coverage on ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target on the stock. Wells Fargo & Company cut their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Finally, Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a research report on Thursday. Five 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 company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $913.80.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.