EP Wealth Advisors LLC Cuts Stock Holdings in ASML Holding (NASDAQ:ASML)

EP Wealth Advisors LLC decreased its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 16.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,889 shares of the semiconductor company's stock after selling 374 shares during the quarter. EP Wealth Advisors LLC's holdings in ASML were worth $1,309,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Steigerwald Gordon & Koch Inc. grew its stake in shares of ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock worth $211,000 after buying an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC boosted its stake in shares of ASML by 0.4% during the fourth 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 in the last quarter. Trust Point Inc. increased its stake in shares of ASML by 2.4% in the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock valued at $420,000 after buying an additional 14 shares during the period. Sunpointe LLC grew its holdings in 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 acquiring an additional 14 shares during the last quarter. Finally, Wealth Quarterback LLC lifted its holdings 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 worth $923,000 after purchasing an additional 15 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

ASML Stock Down 0.3 %

NASDAQ ASML traded down $1.82 on Friday, hitting $706.21. 883,949 shares of the company were exchanged, compared to its average volume of 1,647,420. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company has a market cap of $277.84 billion, a PE ratio of 33.95, a PEG ratio of 1.62 and a beta of 1.75. The stock has a fifty day moving average of $679.19 and a 200-day moving average of $701.72.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, analysts forecast that ASML Holding will post 25.17 earnings per share for the current year.

ASML Company 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.