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Root Financial Partners LLC Purchases Shares of 333 ASML Holding N.V. (NASDAQ:ASML)

ASML logo with Computer and Technology background

Root Financial Partners LLC bought a new stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 333 shares of the semiconductor company's stock, valued at approximately $221,000.

Several other hedge funds have also made changes to their positions in ASML. Edgewood Management LLC grew its stake 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 valued at $2,208,615,000 after purchasing an additional 959,696 shares during the last quarter. 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. Clearbridge Investments LLC grew its stake in shares of ASML by 2.8% during the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock worth $868,324,000 after acquiring an additional 33,603 shares in the last quarter. Neuberger Berman Group LLC increased its stake in ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after buying an additional 13,115 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in ASML by 5.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 898,544 shares of the semiconductor company's stock worth $622,769,000 after acquiring an additional 46,028 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Price Performance

ASML stock opened at $795.95 on Monday. 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 debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. The stock has a fifty day moving average of $735.42 and a 200-day moving average of $720.22. The stock has a market capitalization of $313.14 billion, a P/E ratio of 33.54, a price-to-earnings-growth ratio of 1.54 and a beta of 1.74.

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on ASML shares. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a research report on Thursday. Susquehanna reduced their price objective 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. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Sanford C. Bernstein assumed coverage on shares of ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Finally, Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Five equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $913.80.

Check Out Our Latest Stock Report on ASML

ASML Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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.

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