ASML Holding (NASDAQ:ASML) Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC raised its stake in ASML Holding (NASDAQ:ASML - Free Report) by 5.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,311 shares of the semiconductor company's stock after purchasing an additional 577 shares during the period. Park Avenue Securities LLC's holdings in ASML were worth $7,495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wellington Shields & Co. LLC grew its stake 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 last quarter. 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 grew its stake 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 last quarter. Finally, Investment Management Corp VA ADV purchased a new position in ASML in the fourth quarter valued at about $46,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Performance

Shares of ASML stock traded down $0.88 on Wednesday, reaching $784.09. 1,364,386 shares of the stock were exchanged, compared to its average volume of 1,679,336. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The firm has a market capitalization of $308.48 billion, a price-to-earnings ratio of 37.70, a PEG ratio of 1.62 and a beta of 1.74. The business has a 50 day moving average price of $703.55 and a two-hundred day moving average price of $713.24.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Barclays reiterated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Susquehanna lowered 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 lowered their price target on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $906.00.

ASML Company 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.