Massachusetts Financial Services Co. MA Has $338.56 Million Stock Position in ASML Holding N.V. (NASDAQ:ASML)

Massachusetts Financial Services Co. MA cut its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 17.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 510,929 shares of the semiconductor company's stock after selling 110,827 shares during the period. Massachusetts Financial Services Co. MA owned 0.13% of ASML worth $338,557,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC grew its stake in shares of ASML by 70,115.5% during the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after acquiring an additional 1,398,805 shares in the last quarter. Edgewood Management LLC grew 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 valued at $2,208,615,000 after buying an additional 959,696 shares in the last quarter. Wellington Management Group LLP grew 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 valued at $559,494,000 after buying an additional 281,156 shares in the last quarter. First Manhattan CO. LLC. grew 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 valued at $307,374,000 after buying an additional 163,945 shares in the last quarter. Finally, Hyperion Asset Management Ltd grew its stake in shares of ASML by 63.9% in the fourth quarter. Hyperion Asset Management Ltd now owns 297,882 shares of the semiconductor company's stock valued at $206,456,000 after buying an additional 116,121 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ASML has been the subject of several analyst reports. Sanford C. Bernstein initiated coverage on shares of ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price for the company. Jefferies Financial Group cut shares of 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 report on Monday, May 19th. Susquehanna cut their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Finally, Wells Fargo & Company raised their price target on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Five research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, ASML presently has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Price Performance

Shares of NASDAQ ASML traded up $16.29 during mid-day trading on Tuesday, reaching $823.02. The company had a trading volume of 2,093,772 shares, compared to its average volume of 1,718,898. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,077.05. The firm has a market cap of $323.79 billion, a price-to-earnings ratio of 34.68, a PEG ratio of 1.68 and a beta of 1.73. The business's 50-day simple moving average is $764.39 and its 200 day simple moving average is $726.29.

ASML (NASDAQ:ASML - Get Free Report) last released its 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. ASML had a return on equity of 51.82% and a net margin of 28.32%. The firm had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. On average, research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

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.