HCR Wealth Advisors Decreases Stock Holdings in ASML Holding (NASDAQ:ASML)

HCR Wealth Advisors lessened its stake in ASML Holding (NASDAQ:ASML) by 7.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 342 shares of the semiconductor company’s stock after selling 29 shares during the quarter. HCR Wealth Advisors’ holdings in ASML were worth $237,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of ASML. Fairway Wealth LLC acquired a new position in ASML in the 3rd quarter valued at $25,000. Resources Management Corp CT ADV purchased a new position in ASML in the 2nd quarter worth approximately $26,000. Milestone Investment Advisors LLC acquired a new position in ASML during the third quarter worth $28,000. Fortitude Family Office LLC grew its holdings in ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of ASML in the 3rd quarter worth $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Trading Up 3.3 %

Shares of NASDAQ:ASML opened at $750.28 on Friday. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company’s 50 day moving average is $703.52 and its two-hundred day moving average is $801.32. The company has a market cap of $295.18 billion, a PE ratio of 39.28, a P/E/G ratio of 2.30 and a beta of 1.47. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The company had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. Equities analysts predict that ASML Holding will post 20.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on ASML. JPMorgan Chase & Co. cut their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Susquehanna decreased their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Wells Fargo & Company increased their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $955.50.

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.