Stiles Financial Services Inc Raises Position in ASML Holding N.V. (NASDAQ:ASML)

Stiles Financial Services Inc lifted its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 12.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,628 shares of the semiconductor company's stock after buying an additional 640 shares during the quarter. ASML comprises about 1.4% of Stiles Financial Services Inc's holdings, making the stock its 13th largest position. Stiles Financial Services Inc's holdings in ASML were worth $3,737,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in ASML by 70,115.5% in 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 in the last quarter. Edgewood Management LLC lifted its holdings in shares of ASML by 43.1% in the 4th 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 in the last quarter. Amundi grew its position 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 purchasing an additional 328,552 shares during the period. Wellington Management Group LLP grew its position in ASML by 53.4% in the 4th 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. bought a new stake in ASML during the 4th quarter valued at $175,257,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

ASML has been the topic of a number of recent research reports. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. 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. Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Wells Fargo & Company reduced their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, Susquehanna lowered their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Four 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's stock. Based on data from MarketBeat, ASML has a consensus rating of "Moderate Buy" and an average price target of $913.80.

ASML Stock Performance

ASML stock traded up $23.19 during midday trading on Monday, reaching $779.72. The stock had a trading volume of 1,297,494 shares, compared to its average volume of 1,690,594. The firm has a market capitalization of $306.76 billion, a PE ratio of 32.86, a P/E/G ratio of 1.47 and a beta of 1.74. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The firm's 50-day moving average price is $720.80 and its 200 day moving average price is $717.04.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a net margin of 28.32% and a return on equity of 51.82%. As a group, research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

About ASML

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.