Benjamin Edwards Inc. Cuts Stake in ASML Holding (NASDAQ:ASML)

Benjamin Edwards Inc. trimmed its position in ASML Holding (NASDAQ:ASML - Free Report) by 13.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,802 shares of the semiconductor company's stock after selling 448 shares during the period. Benjamin Edwards Inc.'s holdings in ASML were worth $1,942,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of ASML. Kennebec Savings Bank increased its holdings in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 25 shares during the period. Wellington Shields & Co. LLC increased its stake in shares of ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after buying an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new position in shares of ASML in the fourth quarter worth approximately $31,000. Albion Financial Group UT boosted its holdings in ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock valued at $39,000 after acquiring an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new stake in ASML during the 4th quarter valued at approximately $39,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of recent analyst reports. Susquehanna dropped their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Wells Fargo & Company dropped their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, ASML currently has a consensus rating of "Moderate Buy" and an average price target of $906.00.

ASML Stock Up 1.1 %

Shares of NASDAQ ASML traded up $7.64 during midday trading on Thursday, hitting $708.03. 1,036,470 shares of the stock traded hands, compared to its average volume of 1,643,572. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The company has a market cap of $278.55 billion, a PE ratio of 34.04, a P/E/G ratio of 1.62 and a beta of 1.75. The business has a 50 day moving average price of $679.23 and a two-hundred day moving average price of $701.94. 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 posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. On average, equities analysts predict that ASML Holding will post 25.17 EPS for the current year.

About ASML

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.