Williams Jones Wealth Management LLC. Sells 929 Shares of ASML Holding (NASDAQ:ASML)

Williams Jones Wealth Management LLC. lowered its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 49.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 945 shares of the semiconductor company's stock after selling 929 shares during the quarter. Williams Jones Wealth Management LLC.'s holdings in ASML were worth $655,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ASML. Kennebec Savings Bank raised its position in shares of ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after buying an additional 25 shares during the last quarter. Wellington Shields & Co. LLC increased its stake in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new position in ASML in the 4th quarter valued at approximately $31,000. Albion Financial Group UT lifted its position in shares of ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after acquiring an additional 32 shares during the period. Finally, Roxbury Financial LLC acquired a new stake in shares of ASML during the 4th quarter worth approximately $39,000. Institutional investors own 26.07% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on ASML shares. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Wells Fargo & Company dropped 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. Susquehanna decreased their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. dropped their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and a consensus target price of $906.00.

ASML Price Performance

NASDAQ:ASML opened at $737.17 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The firm has a market cap of $290.02 billion, a PE ratio of 35.44, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company's 50-day moving average price is $686.24 and its two-hundred day moving average price is $704.86.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 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 the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, equities analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Company 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.

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