Cary Street Partners Financial LLC Purchases Shares of 2,457 ASML Holding (NASDAQ:ASML)

Cary Street Partners Financial LLC acquired a new position in ASML Holding (NASDAQ:ASML - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,457 shares of the semiconductor company's stock, valued at approximately $1,703,000.

Several other large investors have also modified their holdings of ASML. Steigerwald Gordon & Koch Inc. lifted its position in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock worth $211,000 after purchasing an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC raised its stake in ASML by 0.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock valued at $2,223,000 after purchasing an additional 14 shares during the last quarter. Trust Point Inc. boosted its holdings in ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock valued at $420,000 after purchasing an additional 14 shares during the period. Sunpointe LLC increased its holdings in shares of ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after purchasing an additional 14 shares during the period. Finally, Wealth Quarterback LLC raised its position in shares of ASML by 1.1% during the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock valued at $923,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Susquehanna lowered their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Finally, Wells Fargo & Company cut their price target 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 analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and a consensus target price of $906.00.

ASML Price Performance

Shares of ASML stock opened at $681.22 on Wednesday. The stock has a market capitalization of $268.01 billion, a price-to-earnings ratio of 32.75, a P/E/G ratio of 1.62 and a beta of 1.75. The firm's 50-day moving average price is $679.24 and its two-hundred day moving average price is $701.99. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. On average, equities analysts predict 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.

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 (NASDAQ:ASML - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.