KPP Advisory Services LLC Purchases 385 Shares of ASML Holding N.V. (NASDAQ:ASML)

KPP Advisory Services LLC grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 32.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,568 shares of the semiconductor company's stock after acquiring an additional 385 shares during the quarter. KPP Advisory Services LLC's holdings in ASML were worth $1,039,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Putney Financial Group LLC boosted its holdings in ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 29 shares during the last quarter. Wellington Shields & Co. LLC lifted its holdings in shares of ASML by 740.0% during the 4th 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 purchased a new position in shares of ASML in the 4th quarter worth $31,000. Pinnacle Bancorp Inc. bought a new stake in shares of ASML in the first quarter worth $42,000. Finally, Alpine Bank Wealth Management bought a new stake in shares of ASML in the first quarter worth $43,000. 26.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on ASML shares. Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Susquehanna lowered their price objective 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. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Sanford C. Bernstein assumed coverage on shares of ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Five equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $913.80.

ASML Price Performance

Shares of NASDAQ ASML traded down $2.14 during midday trading on Friday, reaching $795.95. The stock had a trading volume of 1,200,605 shares, compared to its average volume of 1,702,013. The company has a market capitalization of $313.14 billion, a price-to-earnings ratio of 33.54, a price-to-earnings-growth ratio of 1.55 and a beta of 1.74. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,110.09. The stock has a 50-day moving average of $735.42 and a 200-day moving average of $720.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly 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. ASML had a return on equity of 51.82% and a net margin of 28.32%. The business had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. As a group, research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal 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.