Thurston Springer Miller Herd & Titak Inc. Buys 367 Shares of ASML Holding (NASDAQ:ASML)

Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of ASML Holding (NASDAQ:ASML) by 43.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,205 shares of the semiconductor company’s stock after purchasing an additional 367 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in ASML were worth $835,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Park Avenue Securities LLC grew its holdings in ASML by 7.9% during the 4th quarter. Park Avenue Securities LLC now owns 10,734 shares of the semiconductor company’s stock valued at $7,439,000 after buying an additional 788 shares in the last quarter. Pines Wealth Management LLC bought a new position in shares of ASML in the fourth quarter valued at approximately $228,000. SeaCrest Wealth Management LLC grew its stake in ASML by 39.0% during the fourth quarter. SeaCrest Wealth Management LLC now owns 3,233 shares of the semiconductor company’s stock valued at $2,241,000 after acquiring an additional 907 shares in the last quarter. Capstone Wealth Management Group LLC increased its holdings in ASML by 30.2% during the 4th quarter. Capstone Wealth Management Group LLC now owns 2,387 shares of the semiconductor company’s stock worth $1,654,000 after acquiring an additional 553 shares during the period. Finally, Quad Cities Investment Group LLC lifted its stake in ASML by 39.2% in the 4th quarter. Quad Cities Investment Group LLC now owns 731 shares of the semiconductor company’s stock worth $507,000 after purchasing an additional 206 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ:ASML opened at $726.30 on Thursday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The business has a 50 day moving average of $702.22 and a 200 day moving average of $801.85. The company has a market capitalization of $285.74 billion, a price-to-earnings ratio of 38.03, a PEG ratio of 2.07 and a beta of 1.47.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The company had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.66 billion. On average, sell-side analysts predict that ASML Holding will post 20.68 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein reduced their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Wells Fargo & Company raised their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday. BNP Paribas started coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Finally, Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $955.50.

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.