Cyndeo Wealth Partners LLC Buys 778 Shares of ASML Holding (NASDAQ:ASML)

Cyndeo Wealth Partners LLC increased its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 24.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,986 shares of the semiconductor company's stock after buying an additional 778 shares during the quarter. Cyndeo Wealth Partners LLC's holdings in ASML were worth $2,641,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in shares of ASML by 70,115.5% during the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after acquiring an additional 1,398,805 shares during the period. Edgewood Management LLC grew its stake in ASML by 43.1% during the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after buying an additional 959,696 shares during the last quarter. Amundi increased its holdings in shares of ASML by 4,880.5% during the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after buying an additional 328,552 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after acquiring an additional 281,156 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in ASML during the 4th quarter worth approximately $175,257,000. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 2.0%

Shares of NASDAQ:ASML traded down $15.37 during mid-day trading on Tuesday, reaching $759.86. The stock had a trading volume of 1,419,784 shares, compared to its average volume of 1,682,548. The firm has a market cap of $298.95 billion, a PE ratio of 36.53, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. The firm has a 50 day simple moving average of $713.86 and a two-hundred day simple moving average of $715.79. 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 for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $7.90 billion. On average, research analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ASML. Susquehanna decreased their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Sanford C. Bernstein began coverage on shares of ASML in a research report on Tuesday. They set a "market perform" rating and a $806.00 target price on the stock. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Wells Fargo & Company decreased their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Finally, Barclays restated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and a consensus price target of $913.80.

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.