Congress Wealth Management LLC DE cut its stake in shares of ASML Holding (NASDAQ:ASML – Get Rating) by 1.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,529 shares of the semiconductor company’s stock after selling 27 shares during the quarter. Congress Wealth Management LLC DE’s holdings in ASML were worth $1,041,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its position in shares of ASML by 9.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,087,054 shares of the semiconductor company’s stock valued at $4,965,167,000 after purchasing an additional 809,708 shares during the last quarter. Moneta Group Investment Advisors LLC bought a new position in shares of ASML during the 4th quarter valued at about $307,620,000. 1832 Asset Management L.P. raised its position in ASML by 31,845.9% in the 4th quarter. 1832 Asset Management L.P. now owns 340,543 shares of the semiconductor company’s stock worth $186,073,000 after purchasing an additional 339,477 shares during the period. Alliancebernstein L.P. raised its position in ASML by 27.5% in the 4th quarter. Alliancebernstein L.P. now owns 981,659 shares of the semiconductor company’s stock worth $536,378,000 after purchasing an additional 211,792 shares during the period. Finally, Matrix Capital Management Company LP raised its position in ASML by 59.2% in the 4th quarter. Matrix Capital Management Company LP now owns 497,200 shares of the semiconductor company’s stock worth $271,670,000 after purchasing an additional 184,800 shares during the period. 19.32% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
ASML has been the topic of a number of analyst reports. New Street Research cut shares of ASML from a “buy” rating to a “neutral” rating in a research report on Friday, June 16th. Stifel Nicolaus downgraded ASML from a “buy” rating to a “hold” rating in a research report on Tuesday, April 25th. Finally, StockNews.com began coverage on ASML in a research report on Thursday, May 18th. They issued a “buy” rating for the company. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and an average price target of $694.27.
ASML Stock Performance
ASML (NASDAQ:ASML – Get Rating) last released its quarterly earnings results on Wednesday, April 19th. The semiconductor company reported $5.31 earnings per share for the quarter, beating the consensus estimate of $4.59 by $0.72. The company had revenue of $7.24 billion for the quarter. ASML had a return on equity of 79.79% and a net margin of 28.22%. As a group, research analysts predict that ASML Holding will post 20.44 EPS for the current year.
About ASML
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company 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.
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