Cable Hill Partners LLC Buys 38 Shares of ASML Holding N.V. (NASDAQ:ASML)

Cable Hill Partners LLC lifted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 5.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 707 shares of the semiconductor company’s stock after acquiring an additional 38 shares during the period. Cable Hill Partners LLC’s holdings in ASML were worth $474,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ASML. Putney Financial Group LLC raised its position in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 29 shares during the period. Wayfinding Financial LLC purchased a new position in ASML during the first quarter valued at approximately $35,000. Pinnacle Bancorp Inc. purchased a new position in ASML during the first quarter valued at approximately $42,000. Olde Wealth Management LLC purchased a new position in ASML during the first quarter valued at approximately $42,000. Finally, Alpine Bank Wealth Management purchased a new position in ASML in the first quarter worth $43,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ASML. Sanford C. Bernstein assumed coverage on shares of ASML in a report on Tuesday, June 17th. They issued a “market perform” rating and a $806.00 price target on the stock. Jefferies Financial Group downgraded shares of ASML from a “buy” rating to a “hold” rating in a research report on Thursday, June 26th. Wells Fargo & Company boosted their target price on shares of ASML from $840.00 to $890.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 8th. Susquehanna dropped their price target on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. Finally, Citigroup restated a “buy” rating on shares of ASML in a report on Monday, May 19th. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average target price of $923.80.

ASML Trading Up 2.0%

NASDAQ ASML opened at $823.02 on Wednesday. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,077.05. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. The company has a market capitalization of $323.79 billion, a price-to-earnings ratio of 34.68, a price-to-earnings-growth ratio of 1.69 and a beta of 1.73. The firm’s fifty day moving average price is $767.23 and its 200 day moving average price is $726.96.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The company had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. On average, sell-side analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal 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.