Beacon Pointe Advisors LLC Has $1.04 Million Stock Position in ASML Holding (NASDAQ:ASML)

Beacon Pointe Advisors LLC cut its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 39.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,503 shares of the semiconductor company's stock after selling 986 shares during the quarter. Beacon Pointe Advisors LLC's holdings in ASML were worth $1,041,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Carnegie Investment Counsel lifted its position in ASML by 68.9% during the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock worth $1,475,000 after buying an additional 868 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in ASML during the fourth quarter valued at approximately $1,174,000. Foundations Investment Advisors LLC grew its stake in ASML by 36.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock valued at $18,243,000 after purchasing an additional 7,073 shares in the last quarter. Fifth Third Bancorp increased its position in shares of ASML by 12.2% during the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock worth $6,764,000 after purchasing an additional 1,062 shares during the last quarter. Finally, Alpha Cubed Investments LLC raised its stake in shares of ASML by 33.9% during the 4th quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company's stock worth $56,530,000 after purchasing an additional 20,651 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ASML shares. JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Susquehanna decreased their price objective on shares of 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 cut their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $906.00.

ASML Stock Performance

NASDAQ:ASML traded down $2.39 during mid-day trading on Tuesday, reaching $680.97. 227,924 shares of the company's stock were exchanged, compared to its average volume of 1,634,036. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The business's fifty day simple moving average is $679.56 and its two-hundred day simple moving average is $702.13. The firm has a market capitalization of $267.91 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share 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 firm had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. Analysts anticipate that ASML Holding 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.