Challenger Wealth Management Takes $801,000 Position in ASML Holding (NASDAQ:ASML)

Challenger Wealth Management purchased a new stake in ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,156 shares of the semiconductor company's stock, valued at approximately $801,000.

Other hedge funds have also recently bought and sold shares of the company. Kennebec Savings Bank grew its position 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 acquiring an additional 25 shares in the last quarter. Wellington Shields & Co. LLC grew its position in 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 acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of ASML during the fourth quarter worth approximately $31,000. Roxbury Financial LLC acquired a new stake in shares of ASML during the fourth quarter worth approximately $39,000. Finally, Caitlin John LLC grew its position in shares of ASML by 78.1% during the fourth quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock worth $40,000 after buying an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ASML shares. JPMorgan Chase & Co. decreased their price target 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. Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday, May 19th. 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 decreased their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Finally, Susquehanna decreased their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Stock Performance

ASML stock traded up $5.70 during mid-day trading on Thursday, reaching $752.21. The company's stock had a trading volume of 643,139 shares, compared to its average volume of 1,690,532. The firm has a market cap of $295.94 billion, a price-to-earnings ratio of 36.16, a PEG ratio of 1.62 and a beta of 1.75. The business has a 50 day moving average price of $687.49 and a 200-day moving average price of $707.29. 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 twelve month low of $578.51 and a twelve month high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating 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 company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Sell-side analysts predict that ASML Holding will post 25.17 EPS 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.