Trivant Custom Portfolio Group LLC grew its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 5,077.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,812 shares of the semiconductor company's stock after acquiring an additional 1,777 shares during the period. Trivant Custom Portfolio Group LLC's holdings in ASML were worth $1,201,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Wealthcare Advisory Partners LLC grew its holdings in ASML by 12.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock valued at $266,000 after purchasing an additional 44 shares in the last quarter. Rhumbline Advisers boosted its position in ASML by 12.7% in the 1st quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock valued at $5,571,000 after buying an additional 947 shares during the last quarter. Novo Holdings A S boosted its position in ASML by 24.4% in the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock valued at $114,938,000 after buying an additional 32,500 shares during the last quarter. Johnson Investment Counsel Inc. boosted its position in ASML by 26.3% in the 4th quarter. Johnson Investment Counsel Inc. now owns 82,646 shares of the semiconductor company's stock valued at $57,280,000 after buying an additional 17,187 shares during the last quarter. Finally, Pegasus Asset Management Inc. boosted its position in ASML by 43.0% in the 4th quarter. Pegasus Asset Management Inc. now owns 4,581 shares of the semiconductor company's stock valued at $3,175,000 after buying an additional 1,377 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.
ASML Stock Down 0.7%
ASML stock traded down $5.11 during mid-day trading on Friday, hitting $756.53. 2,302,021 shares of the company were exchanged, compared to its average volume of 1,691,961. The company has a market capitalization of $297.63 billion, a PE ratio of 31.88, a price-to-earnings-growth ratio of 1.48 and a beta of 1.74. 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 Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,110.09. The firm has a fifty day simple moving average of $720.80 and a 200 day simple moving average of $717.02.
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, topping the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion during 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%. On average, research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the stock. Susquehanna decreased 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. Sanford C. Bernstein initiated coverage on ASML in a research report on Tuesday. They issued a "market perform" rating and a $806.00 target price on the stock. Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Finally, Wells Fargo & Company cut their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, ASML has a consensus rating of "Moderate Buy" and a consensus price target of $913.80.
Get Our Latest Stock Analysis on ASML
ASML Company 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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