Jennison Associates LLC increased its holdings in ASML Holding NV (NASDAQ:ASML) by 460.8% in the first quarter, HoldingsChannel.com reports. The fund owned 8,283 shares of the semiconductor company’s stock after acquiring an additional 6,806 shares during the period. Jennison Associates LLC’s holdings in ASML were worth $1,558,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in ASML. Claybrook Capital LLC purchased a new position in ASML during the fourth quarter valued at $26,000. Destination Wealth Management lifted its position in ASML by 1,066.7% during the first quarter. Destination Wealth Management now owns 175 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 160 shares during the period. SRS Capital Advisors Inc. purchased a new position in ASML during the fourth quarter valued at $39,000. JNBA Financial Advisors purchased a new position in ASML during the first quarter valued at $53,000. Finally, Synovus Financial Corp lifted its position in ASML by 187.0% during the fourth quarter. Synovus Financial Corp now owns 353 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 230 shares during the period. 16.84% of the stock is owned by institutional investors.

Shares of NASDAQ:ASML traded down $2.06 on Wednesday, hitting $198.04. 22,193 shares of the company traded hands, compared to its average volume of 714,425. ASML Holding NV has a 52 week low of $144.50 and a 52 week high of $221.66. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.78 and a quick ratio of 1.87. The company has a market capitalization of $84.30 billion, a PE ratio of 27.58, a PEG ratio of 1.40 and a beta of 1.20.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.89. ASML had a return on equity of 22.70% and a net margin of 23.66%. The firm had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.10 billion. During the same period last year, the company earned $1.26 earnings per share. The company’s revenue was down 2.5% on a year-over-year basis. On average, sell-side analysts anticipate that ASML Holding NV will post 7.1 earnings per share for the current fiscal year.

Several equities analysts have commented on the company. Royal Bank of Canada reissued a “buy” rating on shares of ASML in a research report on Thursday, April 18th. Zacks Investment Research lowered ASML from a “hold” rating to a “sell” rating in a research report on Monday, April 15th. BidaskClub lowered ASML from a “hold” rating to a “sell” rating in a research report on Saturday, March 30th. Finally, Goldman Sachs Group lowered ASML from a “conviction-buy” rating to a “buy” rating in a research report on Monday, April 15th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $201.80.

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About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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