ASML Holding N.V. (NASDAQ:ASML) Shares Purchased by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC boosted its position in ASML Holding N.V. (NASDAQ:ASML) by 9.0% in the first quarter, HoldingsChannel.com reports. The firm owned 4,235 shares of the semiconductor company’s stock after purchasing an additional 349 shares during the quarter. Verdence Capital Advisors LLC’s holdings in ASML were worth $2,806,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Mayflower Financial Advisors LLC lifted its position in ASML by 7.6% in the first quarter. Mayflower Financial Advisors LLC now owns 411 shares of the semiconductor company’s stock worth $272,000 after purchasing an additional 29 shares during the period. Jacobson & Schmitt Advisors LLC lifted its position in ASML by 1.5% in the first quarter. Jacobson & Schmitt Advisors LLC now owns 18,199 shares of the semiconductor company’s stock worth $12,059,000 after purchasing an additional 266 shares during the period. Allen Capital Group LLC lifted its position in ASML by 22.7% in the first quarter. Allen Capital Group LLC now owns 3,365 shares of the semiconductor company’s stock worth $2,230,000 after purchasing an additional 622 shares during the period. SeaBridge Investment Advisors LLC lifted its position in ASML by 9.1% in the first quarter. SeaBridge Investment Advisors LLC now owns 4,534 shares of the semiconductor company’s stock worth $3,004,000 after purchasing an additional 378 shares during the period. Finally, Cable Hill Partners LLC lifted its position in shares of ASML by 5.7% during the 1st quarter. Cable Hill Partners LLC now owns 707 shares of the semiconductor company’s stock valued at $474,000 after acquiring an additional 38 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of recent research reports. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Monday, May 19th. Susquehanna cut their price objective on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research report on Thursday, April 17th. Jefferies Financial Group downgraded ASML from a “buy” rating to a “hold” rating in a research report on Thursday, June 26th. Wells Fargo & Company increased their price objective on ASML from $840.00 to $890.00 and gave the company an “overweight” rating in a research report on Tuesday, July 8th. Finally, Barclays reiterated an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Five 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.com, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $923.80.

ASML Trading Down 8.3%

Shares of NASDAQ ASML opened at $754.45 on Thursday. ASML Holding N.V. has a one year low of $578.51 and a one year high of $979.99. The firm has a market capitalization of $296.82 billion, a PE ratio of 31.79, a PEG ratio of 1.72 and a beta of 1.73. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average price of $768.31 and a two-hundred day moving average price of $727.15.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. ASML had a return on equity of 51.82% and a net margin of 28.32%. The firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. As a group, analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML 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.