Harbour Capital Advisors LLC Acquires 143 Shares of ASML Holding N.V. (NASDAQ:ASML)

Harbour Capital Advisors LLC grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 15.0% during the first quarter, Holdings Channel reports. The firm owned 1,098 shares of the semiconductor company’s stock after purchasing an additional 143 shares during the period. Harbour Capital Advisors LLC’s holdings in ASML were worth $684,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Balboa Wealth Partners increased its position in ASML by 6.6% during the first quarter. Balboa Wealth Partners now owns 6,075 shares of the semiconductor company’s stock worth $4,025,000 after buying an additional 376 shares during the last quarter. Keudell Morrison Wealth Management increased its holdings in shares of ASML by 1.6% during the 1st quarter. Keudell Morrison Wealth Management now owns 1,303 shares of the semiconductor company’s stock valued at $863,000 after acquiring an additional 21 shares during the last quarter. Legacy Advisors LLC lifted its holdings in ASML by 5.1% in the 1st quarter. Legacy Advisors LLC now owns 678 shares of the semiconductor company’s stock worth $449,000 after purchasing an additional 33 shares during the last quarter. Figure 8 Investment Strategies LLC boosted its position in ASML by 4.2% during the first quarter. Figure 8 Investment Strategies LLC now owns 1,862 shares of the semiconductor company’s stock worth $1,234,000 after purchasing an additional 75 shares during the period. Finally, Oppenheimer & Co. Inc. grew its holdings in ASML by 136.3% during the first quarter. Oppenheimer & Co. Inc. now owns 14,498 shares of the semiconductor company’s stock valued at $9,607,000 after purchasing an additional 8,362 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ASML. Susquehanna reduced their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. Sanford C. Bernstein initiated coverage on shares of ASML in a report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 price target for the company. Barclays reaffirmed an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Citigroup reissued a “buy” rating on shares of ASML in a research report on Monday, May 19th. Finally, Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $913.80.

ASML Stock Up 3.1%

Shares of NASDAQ:ASML opened at $779.72 on Tuesday. The company’s fifty day moving average is $722.94 and its 200-day moving average is $717.54. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,110.09. The company has a market capitalization of $306.76 billion, a PE ratio of 32.86, a P/E/G ratio of 1.47 and a beta of 1.74.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts’ consensus estimates of $6.12 by $0.19. The firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a net margin of 28.32% and a return on equity of 51.82%. Equities research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

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.