Rhumbline Advisers Boosts Position in ASML Holding (NASDAQ:ASML)

Rhumbline Advisers grew its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 12.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,407 shares of the semiconductor company's stock after acquiring an additional 947 shares during the quarter. Rhumbline Advisers' holdings in ASML were worth $5,571,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ASML. GAMMA Investing LLC raised its position in shares of ASML by 70,115.5% during the first 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 during the last quarter. Edgewood Management LLC grew its holdings 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 acquiring an additional 959,696 shares in the last quarter. Amundi boosted its stake in ASML by 4,880.5% in the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after acquiring an additional 328,552 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of ASML by 53.4% during the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after acquiring an additional 281,156 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of ASML during the 4th quarter valued at approximately $175,257,000. 26.07% of the stock is owned by institutional investors.

ASML Trading Down 3.2%

Shares of ASML traded down $25.21 during midday trading on Friday, hitting $761.00. 1,742,119 shares of the stock were exchanged, compared to its average volume of 1,679,669. The firm 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 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a fifty day simple moving average of $706.95 and a 200 day simple moving average of $713.94.

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 analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. On average, research analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ASML has been the subject of several research reports. Wells Fargo & Company cut their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Susquehanna reduced their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price 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.