ASML Holding NV (ASML) Position Raised by Private Advisor Group LLC
Private Advisor Group LLC boosted its position in shares of ASML Holding NV (NASDAQ:ASML) by 456.7% during the second quarter, Holdings Channel reports. The fund owned 4,270 shares of the company’s stock after buying an additional 3,503 shares during the period. Private Advisor Group LLC’s holdings in ASML Holding NV were worth $420,000 as of its most recent filing with the SEC.
Other large investors have also recently made changes to their positions in the company. Capstone Asset Management Co. increased its stake in ASML Holding NV by 0.9% in the first quarter. Capstone Asset Management Co. now owns 65,521 shares of the company’s stock worth $6,578,000 after buying an additional 558 shares during the last quarter. Raymond James Trust N.A. increased its stake in ASML Holding NV by 37.3% in the first quarter. Raymond James Trust N.A. now owns 3,993 shares of the company’s stock worth $400,000 after buying an additional 1,085 shares during the last quarter. Aperio Group LLC increased its stake in ASML Holding NV by 11.2% in the first quarter. Aperio Group LLC now owns 74,877 shares of the company’s stock worth $7,517,000 after buying an additional 7,544 shares during the last quarter. BTC Capital Management Inc. bought a new stake in ASML Holding NV during the first quarter worth about $203,000. Finally, IFP Advisors Inc increased its stake in ASML Holding NV by 17.0% in the first quarter. IFP Advisors Inc now owns 1,981 shares of the company’s stock worth $199,000 after buying an additional 288 shares during the last quarter. Hedge funds and other institutional investors own 15.06% of the company’s stock.
Shares of ASML Holding NV (NASDAQ:ASML) traded up 1.48% during mid-day trading on Tuesday, reaching $104.87. 243,641 shares of the company were exchanged. The firm’s 50-day moving average is $106.90 and its 200-day moving average is $100.56. The company has a market capitalization of $44.45 billion, a price-to-earnings ratio of 30.16 and a beta of 1.27. ASML Holding NV has a 12 month low of $77.17 and a 12 month high of $111.58.
ASML Holding NV (NASDAQ:ASML) last released its earnings results on Wednesday, July 20th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. ASML Holding NV had a net margin of 19.26% and a return on equity of 14.09%. The business earned $1.74 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same period in the prior year, the business earned $0.86 earnings per share. The business’s quarterly revenue was up 5.2% on a year-over-year basis. On average, equities analysts forecast that ASML Holding NV will post $3.60 earnings per share for the current fiscal year.
A number of equities research analysts have recently issued reports on the stock. B. Riley reiterated a “neutral” rating and set a $113.00 price target on shares of ASML Holding NV in a research report on Thursday, July 21st. Royal Bank Of Canada lifted their price target on shares of ASML Holding NV from $103.00 to $110.00 and gave the company a “sector perform” rating in a research report on Thursday, July 21st. Bank of America Corp. downgraded ASML Holding NV from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $112.00 to $99.00 in a research report on Wednesday, August 17th. Summit Redstone restated a “buy” rating on shares of ASML Holding NV in a research report on Wednesday, July 20th. Finally, RBC Capital Markets restated a “sector perform” rating and set a $110.00 price objective (up from $103.00) on shares of ASML Holding NV in a research report on Friday, July 22nd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $95.00.
ASML Holding NV Company Profile
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company’s products include systems and system related products.
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