ASML Holding N.V. (NASDAQ:ASML) Shares Acquired by Smith Salley Wealth Management

Smith Salley Wealth Management raised its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 2.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,830 shares of the semiconductor company's stock after acquiring an additional 570 shares during the quarter. ASML makes up 1.3% of Smith Salley Wealth Management's investment portfolio, making the stock its 25th largest position. Smith Salley Wealth Management's holdings in ASML were worth $19,104,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Putney Financial Group LLC raised its stake in ASML by 322.2% during 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 period. Wellington Shields & Co. LLC increased 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 worth $29,000 after buying an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML in the 4th quarter worth $31,000. Pinnacle Bancorp Inc. acquired a new position in ASML in the first quarter valued at $42,000. Finally, Alpine Bank Wealth Management purchased a new stake in ASML during the first quarter valued at about $43,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ASML. Sanford C. Bernstein assumed coverage on ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price objective on the stock. Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Wells Fargo & Company reduced their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $913.80.

ASML Stock Up 1.2%

Shares of NASDAQ:ASML traded up $9.12 during midday trading on Wednesday, reaching $799.59. The company had a trading volume of 1,382,486 shares, compared to its average volume of 1,706,623. The stock has a market capitalization of $314.57 billion, a P/E ratio of 33.70, a PEG ratio of 1.52 and a beta of 1.73. The stock's fifty day moving average price is $741.99 and its 200-day moving average price is $721.28. 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 Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Equities research analysts expect that ASML Holding N.V. will post 25.17 earnings per share 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.