RFG Advisory LLC Purchases 581 Shares of ASML Holding (NASDAQ:ASML)

RFG Advisory LLC raised its stake in ASML Holding (NASDAQ:ASML - Free Report) by 16.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 4,010 shares of the semiconductor company's stock after purchasing an additional 581 shares during the quarter. RFG Advisory LLC's holdings in ASML were worth $2,657,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ASML. DAVENPORT & Co LLC boosted its position in ASML by 2.1% during the 4th quarter. DAVENPORT & Co LLC now owns 2,316 shares of the semiconductor company's stock valued at $1,605,000 after buying an additional 48 shares during the period. U.S. Capital Wealth Advisors LLC grew its holdings in shares of ASML by 92.1% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 1,435 shares of the semiconductor company's stock worth $995,000 after acquiring an additional 688 shares during the period. GPS Wealth Strategies Group LLC raised its holdings in ASML by 59.5% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 59 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 22 shares in the last quarter. Optas LLC lifted its position in ASML by 22.1% during the 4th quarter. Optas LLC now owns 818 shares of the semiconductor company's stock valued at $567,000 after acquiring an additional 148 shares during the period. Finally, Fourpath Capital Management LLC boosted its position in shares of ASML by 56.3% in the 4th quarter. Fourpath Capital Management LLC now owns 2,761 shares of the semiconductor company's stock worth $1,914,000 after purchasing an additional 995 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ASML shares. Susquehanna decreased their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Wells Fargo & Company cut their price objective 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. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and an average price target of $906.00.

ASML Price Performance

ASML stock traded up $5.03 during trading on Thursday, hitting $747.81. 1,506,317 shares of the company's stock traded hands, compared to its average volume of 1,674,739. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The stock has a market capitalization of $294.20 billion, a price-to-earnings ratio of 35.95, a P/E/G ratio of 1.62 and a beta of 1.74. The business has a fifty day simple moving average of $691.30 and a 200 day simple moving average of $709.71. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML - Get Free Report) last announced 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. The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, research analysts expect 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.