1832 Asset Management L.P. increased its stake in shares of ASML Holding NV (NASDAQ:ASML) by 471.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,883 shares of the semiconductor company’s stock after buying an additional 32,083 shares during the quarter. 1832 Asset Management L.P.’s holdings in ASML were worth $10,429,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Ellevest Inc. boosted its holdings in ASML by 275.0% in the 1st quarter. Ellevest Inc. now owns 120 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 88 shares in the last quarter. Americana Partners LLC acquired a new position in shares of ASML during the 4th quarter worth approximately $36,000. Ameritas Investment Company LLC raised its position in shares of ASML by 180.0% during the 1st quarter. Ameritas Investment Company LLC now owns 126 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 81 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its holdings in ASML by 975.0% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 129 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 117 shares during the last quarter. Finally, MUFG Americas Holdings Corp acquired a new position in ASML in the 1st quarter valued at $49,000. 17.87% of the stock is currently owned by hedge funds and other institutional investors.

ASML stock traded down $5.24 during trading on Friday, reaching $361.31. 133,632 shares of the company’s stock were exchanged, compared to its average volume of 744,856. The company’s 50-day moving average is $330.00 and its two-hundred day moving average is $296.20. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.79 and a current ratio of 2.72. ASML Holding NV has a 52-week low of $191.25 and a 52-week high of $371.80. The firm has a market cap of $153.14 billion, a price-to-earnings ratio of 52.56, a PEG ratio of 2.19 and a beta of 1.05.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, April 15th. The semiconductor company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.01. The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.69 billion. ASML had a net margin of 21.83% and a return on equity of 21.49%. Analysts anticipate that ASML Holding NV will post 7.27 EPS for the current year.

ASML has been the subject of several analyst reports. downgraded ASML from a “hold” rating to a “sell” rating in a report on Wednesday, June 10th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a report on Thursday, March 5th. Royal Bank of Canada cut their price target on ASML from $320.00 to $280.00 in a report on Monday, March 30th. Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Tuesday, May 12th. Finally, Zacks Investment Research cut shares of ASML from a “buy” rating to a “hold” rating in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. ASML currently has a consensus rating of “Buy” and an average target price of $335.25.

ASML Profile

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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