Steward Partners Investment Advisory LLC acquired a new position in shares of ASML Holding NV (NASDAQ:ASML) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 959 shares of the semiconductor company’s stock, valued at approximately $199,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Ballentine Partners LLC bought a new position in ASML during the second quarter worth $240,000. Cambiar Investors LLC lifted its stake 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. Wetherby Asset Management Inc. lifted its stake in ASML by 7.2% in the second quarter. Wetherby Asset Management Inc. now owns 6,216 shares of the semiconductor company’s stock valued at $1,293,000 after buying an additional 419 shares during the last quarter. BB&T Corp bought a new stake in ASML in the second quarter valued at $525,000. Finally, Arden Trust Co bought a new stake in ASML in the second quarter valued at $733,000. Hedge funds and other institutional investors own 17.15% of the company’s stock.

A number of equities research analysts have issued reports on ASML shares. New Street Research cut ASML from a “buy” rating to a “neutral” rating in a research note on Thursday, July 18th. Santander lowered ASML from a “buy” rating to a “hold” rating in a report on Monday, July 15th. Societe Generale initiated coverage on ASML in a report on Monday, July 8th. They set a “buy” rating on the stock. ABN Amro initiated coverage on ASML in a report on Monday, July 29th. They set a “hold” rating on the stock. Finally, ValuEngine raised ASML from a “hold” rating to a “buy” rating in a report on Tuesday, July 2nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the stock. ASML presently has a consensus rating of “Buy” and a consensus target price of $204.80.

Shares of ASML opened at $219.20 on Wednesday. The firm has a market capitalization of $90.96 billion, a price-to-earnings ratio of 30.53, a price-to-earnings-growth ratio of 2.21 and a beta of 1.22. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.68 and a quick ratio of 1.62. ASML Holding NV has a one year low of $144.50 and a one year high of $234.50. The company’s fifty day simple moving average is $216.67.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.18. The company had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.57 billion. ASML had a return on equity of 21.30% and a net margin of 23.08%. During the same period last year, the company earned $1.37 earnings per share. On average, research analysts expect that ASML Holding NV will post 6.8 earnings per share for the current fiscal 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.

Read More: What are the benefits of momentum investing?

Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding NV (NASDAQ:ASML).

Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.