Snowden Capital Advisors LLC Sells 337 Shares of ASML Holding (NASDAQ:ASML)

Snowden Capital Advisors LLC reduced its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,168 shares of the semiconductor company's stock after selling 337 shares during the quarter. Snowden Capital Advisors LLC's holdings in ASML were worth $4,275,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in ASML. Kennebec Savings Bank raised its stake in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after buying an additional 25 shares during the period. Wellington Shields & Co. LLC raised its stake 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 buying an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new position in ASML during the 4th quarter worth approximately $31,000. Albion Financial Group UT raised its stake in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after buying an additional 32 shares during the period. Finally, Roxbury Financial LLC acquired a new position in ASML during the 4th quarter worth approximately $39,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on ASML shares. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Wells Fargo & Company lowered 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 price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Finally, JPMorgan Chase & Co. lowered their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Two equities 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, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Stock Performance

Shares of ASML stock traded down $10.26 during trading on Friday, hitting $748.10. The company's stock had a trading volume of 1,090,954 shares, compared to its average volume of 1,665,145. The company has a market cap of $294.32 billion, a PE ratio of 35.97, a P/E/G ratio of 1.62 and a beta of 1.75. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average of $683.78 and a 200-day moving average of $703.81. ASML Holding has a 52 week low of $578.51 and a 52 week 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 (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current 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.