Voya Financial Advisors Inc. Invests $240,000 in ASML Holding NV (NASDAQ:ASML)

Voya Financial Advisors Inc. bought a new position in shares of ASML Holding NV (NASDAQ:ASML) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 985 shares of the semiconductor company’s stock, valued at approximately $240,000.

Several other institutional investors have also added to or reduced their stakes in ASML. Investec Asset Management LTD grew its holdings in shares of ASML by 2,442.3% in the second quarter. Investec Asset Management LTD now owns 648,507 shares of the semiconductor company’s stock valued at $5,304,000 after purchasing an additional 622,998 shares during the period. Bessemer Group Inc. lifted its position in ASML by 2,755.4% in the second quarter. Bessemer Group Inc. now owns 409,750 shares of the semiconductor company’s stock valued at $85,200,000 after buying an additional 395,400 shares during the last quarter. WCM Investment Management LLC lifted its position in ASML by 5.6% in the third quarter. WCM Investment Management LLC now owns 3,365,955 shares of the semiconductor company’s stock valued at $836,170,000 after buying an additional 179,937 shares during the last quarter. Bank of America Corp DE lifted its position in ASML by 11.2% in the second quarter. Bank of America Corp DE now owns 1,337,551 shares of the semiconductor company’s stock valued at $278,117,000 after buying an additional 134,431 shares during the last quarter. Finally, Cambiar Investors LLC lifted its position in ASML by 27.1% in the second quarter. Cambiar Investors LLC now owns 598,760 shares of the semiconductor company’s stock valued at $124,500,000 after buying an additional 127,582 shares during the last quarter. 17.03% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have commented on ASML shares. Cheuvreux cut shares of ASML from a “buy” rating to a “hold” rating in a research report on Thursday, October 17th. Royal Bank of Canada reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, October 16th. Wells Fargo & Co upped their target price on shares of ASML from $240.00 to $276.00 and gave the company an “outperform” rating in a research report on Thursday, September 19th. ValuEngine cut shares of ASML from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Zacks Investment Research cut shares of ASML from a “hold” rating to a “sell” rating in a research report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $241.67.

NASDAQ ASML opened at $270.62 on Monday. The firm’s 50-day moving average is $265.72 and its two-hundred day moving average is $228.87. ASML Holding NV has a 12 month low of $144.50 and a 12 month high of $276.23. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.72 and a quick ratio of 1.62. The stock has a market capitalization of $113.97 billion, a P/E ratio of 37.69, a PEG ratio of 2.85 and a beta of 1.25.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, October 16th. The semiconductor company reported $1.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.60 by $0.06. The business had revenue of $3.32 billion for the quarter, compared to analysts’ expectations of $3.37 billion. ASML had a net margin of 22.15% and a return on equity of 20.42%. As a group, analysts anticipate that ASML Holding NV will post 6.85 EPS for the current year.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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