Valeo Financial Advisors LLC Increases Stake in ASML Holding N.V. (NASDAQ:ASML)

Valeo Financial Advisors LLC raised its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 49.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,762 shares of the semiconductor company's stock after acquiring an additional 910 shares during the period. Valeo Financial Advisors LLC's holdings in ASML were worth $1,830,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Wealthcare Advisory Partners LLC raised its holdings in shares of ASML by 12.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock worth $266,000 after acquiring an additional 44 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of ASML by 12.7% during the 1st quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after acquiring an additional 947 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of ASML by 1.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock worth $2,304,000 after acquiring an additional 55 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of ASML by 2.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock valued at $22,806,000 after purchasing an additional 763 shares during the last quarter. Finally, Novo Holdings A S increased its position in shares of ASML by 24.4% during the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock valued at $114,938,000 after purchasing an additional 32,500 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Wells Fargo & Company boosted their target price on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday. Sanford C. Bernstein assumed coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price on the stock. Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday, May 19th. Finally, Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, ASML currently has an average rating of "Moderate Buy" and an average target price of $923.80.

ASML Trading Up 0.7%

ASML stock traded up $5.73 during midday trading on Wednesday, reaching $799.83. The company's stock had a trading volume of 1,333,417 shares, compared to its average volume of 1,709,791. 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 simple moving average of $754.35 and a two-hundred day simple moving average of $723.88. ASML Holding N.V. has a 1 year low of $578.51 and a 1 year high of $1,110.09. The firm has a market capitalization of $314.67 billion, a price-to-earnings ratio of 33.71, a PEG ratio of 1.64 and a beta of 1.73.

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

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.