Kingswood Wealth Advisors LLC boosted its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 46.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,578 shares of the semiconductor company's stock after buying an additional 502 shares during the period. Kingswood Wealth Advisors LLC's holdings in ASML were worth $1,050,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the company. Sunpointe LLC increased its stake 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 buying an additional 14 shares in the last quarter. Sfmg LLC increased its stake in ASML by 3.0% during the 4th quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock worth $354,000 after buying an additional 15 shares in the last quarter. Norinchukin Bank The increased its stake in ASML by 1.8% during the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock worth $594,000 after buying an additional 15 shares in the last quarter. Coppell Advisory Solutions LLC increased its stake in ASML by 18.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock worth $67,000 after buying an additional 15 shares in the last quarter. Finally, Ethos Financial Group LLC increased its stake in ASML by 5.6% during the 4th quarter. Ethos Financial Group LLC now owns 302 shares of the semiconductor company's stock worth $209,000 after buying an additional 16 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts have commented on the company. Wells Fargo & Company cut their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Susquehanna lowered 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 ASML in a report on Tuesday. They set a "market perform" rating and a $806.00 target price on the stock. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $913.80.
Get Our Latest Analysis on ASML
ASML Trading Down 0.7%
ASML traded down $5.11 during trading hours on Friday, reaching $756.53. The company's stock had a trading volume of 2,302,021 shares, compared to its average volume of 1,691,913. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The stock has a market cap of $297.63 billion, a PE ratio of 31.88, a P/E/G ratio of 1.48 and a beta of 1.74. The business's 50-day moving average is $720.80 and its 200-day moving average is $717.02. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. As a group, equities research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.
About ASML
(
Free Report)
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.
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