Cable Hill Partners LLC Takes $306,000 Position in ASML Holding (NASDAQ:ASML)

Cable Hill Partners LLC purchased a new stake in ASML Holding (NASDAQ:ASML) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 443 shares of the semiconductor company’s stock, valued at approximately $306,000.

Other institutional investors also recently added to or reduced their stakes in the company. WCM Investment Management LLC grew its holdings in shares of ASML by 2.1% in the first quarter. WCM Investment Management LLC now owns 4,491,457 shares of the semiconductor company’s stock valued at $2,772,846,000 after purchasing an additional 92,630 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of ASML by 2.3% in the second quarter. Fisher Asset Management LLC now owns 4,053,363 shares of the semiconductor company’s stock valued at $2,800,226,000 after purchasing an additional 92,657 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of ASML by 0.5% in the second quarter. JPMorgan Chase & Co. now owns 2,605,518 shares of the semiconductor company’s stock valued at $1,799,997,000 after purchasing an additional 13,981 shares in the last quarter. Clearbridge Investments LLC grew its holdings in shares of ASML by 0.3% in the second quarter. Clearbridge Investments LLC now owns 1,451,850 shares of the semiconductor company’s stock valued at $1,002,996,000 after purchasing an additional 5,042 shares in the last quarter. Finally, Morgan Stanley grew its holdings in shares of ASML by 209.4% in the first quarter. Morgan Stanley now owns 1,347,174 shares of the semiconductor company’s stock valued at $831,692,000 after purchasing an additional 911,709 shares in the last quarter. 18.18% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have commented on ASML shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ASML in a report on Thursday, July 22nd. Wells Fargo & Company boosted their price target on shares of ASML from $800.00 to $975.00 and gave the stock an “overweight” rating in a report on Wednesday, September 8th. Barclays reiterated an “overweight” rating on shares of ASML in a report on Thursday, July 22nd. New Street Research cut shares of ASML from a “buy” rating to a “neutral” rating and set a $660.00 price target for the company. in a report on Tuesday, September 28th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a report on Thursday, July 22nd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $801.33.

ASML stock traded up $32.50 on Thursday, hitting $776.92. The company’s stock had a trading volume of 35,965 shares, compared to its average volume of 871,470. The firm has a 50 day moving average of $808.38 and a two-hundred day moving average of $721.20. ASML Holding has a 1 year low of $357.38 and a 1 year high of $895.93. The stock has a market cap of $318.36 billion, a price-to-earnings ratio of 54.30, a price-to-earnings-growth ratio of 1.60 and a beta of 1.05. The company has a current ratio of 1.91, a quick ratio of 1.33 and a debt-to-equity ratio of 0.38.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Tuesday, July 20th. The semiconductor company reported $3.04 EPS for the quarter, beating the consensus estimate of $2.93 by $0.11. The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $4.12 billion. ASML had a net margin of 28.82% and a return on equity of 36.29%. ASML’s revenue for the quarter was up 20.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.79 EPS. As a group, equities analysts forecast that ASML Holding will post 16.04 EPS for the current fiscal year.

ASML Profile

ASML Holding NV engages in the development, production, marketing, sale and servicing of advanced semiconductor equipment, consisting of lithography related systems. It mainly caters the makers of memory chips and logic chips. The company was founded on April 1, 1984 and is headquartered in Veldhoven, the Netherlands.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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