Asml Holding N V (ASML) Shareholder Artisan Partners Limited Partnership Upped Holding by $33.16 Million as Market Valuation Rose

February 12, 2018 - By Richard Conner

Artisan Partners Limited Partnership increased its stake in Asml Holding N V (ASML) by 8.7% based on its latest 2017Q3 regulatory filing with the SEC. Artisan Partners Limited Partnership bought 193,896 shares as the company’s stock rose 6.28% with the market. The institutional investor held 2.42 million shares of the industrial machinery and components company at the end of 2017Q3, valued at $414.75M, up from 2.23M at the end of the previous reported quarter. Artisan Partners Limited Partnership who had been investing in Asml Holding N V for a number of months, seems to be bullish on the $79.66B market cap company. The stock increased 1.61% or $2.96 during the last trading session, reaching $186.63. About 1.40 million shares traded or 34.52% up from the average. ASML Holding N.V. (NASDAQ:ASML) has risen 44.52% since February 12, 2017 and is uptrending. It has outperformed by 27.82% the S&P500.

Artisan Partners Limited Partnership, which manages about $54.11 billion US Long portfolio, decreased its stake in Avnet Inc (NYSE:AVT) by 1.03M shares to 3.33M shares, valued at $130.68M in 2017Q3, according to the filing. It also reduced its holding in Blackbaud Inc (NASDAQ:BLKB) by 58,350 shares in the quarter, leaving it with 125,794 shares, and cut its stake in Cognizant Technology Solutio (NASDAQ:CTSH).

More notable recent ASML Holding N.V. (NASDAQ:ASML) news were published by: Nasdaq.com which released: “Validea Martin Zweig Strategy Daily Upgrade Report – 2/2/2018” on February 02, 2018, also Marketwatch.com with their article: “ASML Holding NV” published on July 15, 2009, Seekingalpha.com published: “ASML Holding NV Does Not Show Catalysts For Further Growth In Valuation” on April 05, 2017. More interesting news about ASML Holding N.V. (NASDAQ:ASML) were released by: 247Wallst.com and their article: “5 Top Tech Companies That Will Benefit From Huge Chip Breakthrough” published on August 18, 2015 as well as Quotes.Wsj.com‘s news article titled: “ASML Holding NV ASML (US: Nasdaq)” with publication date: February 11, 2011.

ASML Holding N.V. (NASDAQ:ASML) Ratings Coverage

Among 17 analysts covering ASML Holding NV (NASDAQ:ASML), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. ASML Holding NV had 36 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Citigroup to “Buy” on Wednesday, June 14. The rating was maintained by B. Riley & Co with “Hold” on Thursday, July 20. B. Riley & Co maintained ASML Holding N.V. (NASDAQ:ASML) on Thursday, October 19 with “Neutral” rating. BNP Paribas upgraded the shares of ASML in report on Wednesday, February 8 to “Neutral” rating. Bryan Garnier & Cie upgraded ASML Holding N.V. (NASDAQ:ASML) on Thursday, January 21 to “Buy” rating. On Monday, September 18 the stock rating was upgraded by Susquehanna to “Positive”. The firm has “Neutral” rating by Credit Suisse given on Thursday, October 19. The stock of ASML Holding N.V. (NASDAQ:ASML) earned “Hold” rating by Summit Research on Tuesday, April 19. The rating was maintained by RBC Capital Markets on Monday, October 2 with “Hold”. The rating was maintained by Bank of America on Thursday, July 20 with “Buy”.

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