ASML Holding N.V. (NASDAQ:ASML) Shares Acquired by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. raised its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 31.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,847 shares of the semiconductor company's stock after buying an additional 11,193 shares during the period. Oppenheimer Asset Management Inc.'s holdings in ASML were worth $31,042,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of ASML. GAMMA Investing LLC lifted its holdings in shares of 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 in the last quarter. Edgewood Management LLC boosted its holdings in shares of ASML by 43.1% during the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after purchasing an additional 959,696 shares during the last quarter. Amundi grew its holdings in ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after buying an additional 328,552 shares during the period. Wellington Management Group LLP grew its holdings in 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 purchasing an additional 281,156 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in ASML in the fourth quarter valued at approximately $175,257,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on ASML. Citigroup reiterated 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 research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target for the company. Susquehanna cut their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Finally, Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research note on Thursday. Five equities research 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. According to MarketBeat.com, ASML has an average rating of "Moderate Buy" and a consensus price target of $913.80.

ASML Stock Down 2.1%

NASDAQ:ASML traded down $17.15 during mid-day trading on Thursday, hitting $798.09. The company had a trading volume of 1,704,972 shares, compared to its average volume of 1,700,346. The business has a fifty day simple moving average of $732.31 and a 200-day simple moving average of $719.50. The firm has a market capitalization of $313.98 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 1.58 and a beta of 1.74. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,110.09. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. Equities analysts forecast 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.