2,459 Shares in ASML Holding NV (ASML) Acquired by Brown Advisory Inc.
Brown Advisory Inc. purchased a new position in shares of ASML Holding NV (NASDAQ:ASML) during the second quarter, Holdings Channel reports. The fund purchased 2,459 shares of the company’s stock, valued at approximately $244,000.
A number of other hedge funds have also recently modified their holdings of the stock. Silvercrest Asset Management Group LLC bought a new position in shares of ASML Holding NV during the first quarter valued at $1,116,000. UBS Group AG raised its position in shares of ASML Holding NV by 27.9% in the first quarter. UBS Group AG now owns 45,728 shares of the company’s stock valued at $4,591,000 after buying an additional 9,982 shares in the last quarter. Creative Planning raised its position in shares of ASML Holding NV by 3.9% in the second quarter. Creative Planning now owns 2,657 shares of the company’s stock valued at $264,000 after buying an additional 99 shares in the last quarter. Seven Bridges Advisors LLC raised its position in shares of ASML Holding NV by 23.0% in the second quarter. Seven Bridges Advisors LLC now owns 1,927 shares of the company’s stock valued at $191,000 after buying an additional 360 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of ASML Holding NV by 25.5% in the first quarter. Envestnet Asset Management Inc. now owns 61,626 shares of the company’s stock valued at $6,187,000 after buying an additional 12,539 shares in the last quarter. 15.06% of the stock is currently owned by institutional investors and hedge funds.
Shares of ASML Holding NV (NASDAQ:ASML) traded down 0.61% during midday trading on Thursday, hitting $108.15. 132,713 shares of the stock were exchanged. ASML Holding NV has a 12 month low of $77.17 and a 12 month high of $111.58. The stock has a market cap of $45.84 billion, a P/E ratio of 31.10 and a beta of 1.35. The firm has a 50 day moving average of $106.52 and a 200-day moving average of $101.58.
ASML Holding NV (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, July 20th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.04. The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.71 billion. ASML Holding NV had a net margin of 19.26% and a return on equity of 14.09%. ASML Holding NV’s revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.86 earnings per share. Equities research analysts anticipate that ASML Holding NV will post $3.60 EPS for the current year.
A number of equities research analysts recently weighed in on ASML shares. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML Holding NV in a report on Thursday, June 23rd. Bank of America Corp. lowered shares of ASML Holding NV from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $112.00 to $99.00 in a report on Wednesday, August 17th. Berenberg Bank restated a “buy” rating on shares of ASML Holding NV in a report on Tuesday, June 28th. B. Riley restated a “neutral” rating and issued a $113.00 target price on shares of ASML Holding NV in a report on Tuesday, July 26th. Finally, Zacks Investment Research upgraded shares of ASML Holding NV from a “sell” rating to a “hold” rating in a report on Friday, July 22nd. One analyst has rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $96.10.
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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