Wallace Advisory Group LLC Has $195,000 Stake in ASML Holding (NASDAQ:ASML)

Wallace Advisory Group LLC increased its holdings in shares of ASML Holding (NASDAQ:ASML) by 13.8% during the fourth quarter, Holdings Channel reports. The fund owned 281 shares of the semiconductor company’s stock after acquiring an additional 34 shares during the quarter. Wallace Advisory Group LLC’s holdings in ASML were worth $195,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ASML. Fairway Wealth LLC acquired a new position in shares of ASML in the third quarter valued at $25,000. Resources Management Corp CT ADV bought a new stake in shares of ASML during the 2nd quarter worth about $26,000. Milestone Investment Advisors LLC bought a new stake in shares of ASML during the 3rd quarter worth about $28,000. Fortitude Family Office LLC grew its stake 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 during the last quarter. Finally, Brooklyn Investment Group bought a new position in ASML in the 3rd quarter valued at about $43,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Susquehanna reduced their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. JPMorgan Chase & Co. reduced their price target 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. Sanford C. Bernstein decreased 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. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Finally, Wells Fargo & Company upped their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $955.50.

ASML Stock Up 1.2 %

Shares of NASDAQ ASML opened at $736.29 on Wednesday. The stock has a market capitalization of $289.67 billion, a P/E ratio of 38.55, a PEG ratio of 2.07 and a beta of 1.47. The stock’s fifty day moving average is $702.22 and its 200 day moving average is $801.85. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. The firm had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. Sell-side analysts forecast that ASML Holding will post 20.68 earnings per share for the current fiscal year.

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.