Capital Investment Advisors LLC Has $22.99 Million Position in ASML Holding (NASDAQ:ASML)

Capital Investment Advisors LLC boosted its position in shares of ASML Holding (NASDAQ:ASML) by 1,988.9% in the first quarter, Holdings Channel.com reports. The firm owned 34,697 shares of the semiconductor company’s stock after purchasing an additional 33,036 shares during the period. Capital Investment Advisors LLC’s holdings in ASML were worth $22,991,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ASML. Wellington Shields & Co. LLC raised its holdings in ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of ASML during the 4th quarter worth about $31,000. Roxbury Financial LLC acquired a new stake in ASML during the 4th quarter valued at $39,000. Tradewinds Capital Management LLC raised its holdings in shares of ASML by 96.7% in the fourth quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 29 shares during the last quarter. Finally, Investment Management Corp VA ADV bought a new stake in shares of ASML during the fourth quarter valued at approximately $46,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Up 0.7%

NASDAQ ASML opened at $753.02 on Friday. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The stock has a market capitalization of $296.25 billion, a P/E ratio of 36.20, a P/E/G ratio of 1.62 and a beta of 1.74. The business has a 50 day simple moving average of $694.72 and a 200 day simple moving average of $711.27.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The company had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $7.90 billion. Research analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of analyst reports. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Monday, May 19th. Barclays reaffirmed an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Susquehanna dropped their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Finally, Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $906.00.

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.