Wallace Advisory Group LLC Has $536,000 Stock Holdings in ASML Holding (NASDAQ:ASML)

Wallace Advisory Group LLC grew its position in ASML Holding (NASDAQ:ASML - Free Report) by 175.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 773 shares of the semiconductor company's stock after buying an additional 492 shares during the quarter. Wallace Advisory Group LLC's holdings in ASML were worth $536,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wellington Shields & Co. LLC increased its position in 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 purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in ASML in the 4th quarter valued at approximately $31,000. Roxbury Financial LLC acquired a new position in ASML in the 4th quarter valued at approximately $39,000. Caitlin John LLC increased its position in ASML by 78.1% in the 4th quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock valued at $40,000 after acquiring an additional 25 shares during the period. Finally, GPS Wealth Strategies Group LLC increased its position in ASML by 59.5% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 59 shares of the semiconductor company's stock valued at $41,000 after acquiring an additional 22 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. 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 equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $906.00.

ASML Trading Up 1.3%

Shares of NASDAQ:ASML traded up $9.76 during trading on Monday, reaching $746.53. The stock had a trading volume of 812,012 shares, compared to its average volume of 1,672,456. The stock has a market cap of $293.70 billion, a price-to-earnings ratio of 35.89, a P/E/G ratio of 1.62 and a beta of 1.75. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The firm's fifty day moving average is $687.99 and its 200 day moving average is $708.60. 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 issued its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, equities analysts forecast 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.