Outlook Wealth Advisors LLC Grows Position in ASML Holding (NASDAQ:ASML)

Outlook Wealth Advisors LLC increased its position in ASML Holding (NASDAQ:ASML) by 46.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 601 shares of the semiconductor company’s stock after purchasing an additional 190 shares during the period. Outlook Wealth Advisors LLC’s holdings in ASML were worth $416,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale lifted its position in ASML by 10.1% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 261 shares of the semiconductor company’s stock valued at $270,000 after acquiring an additional 24 shares during the period. One Capital Management LLC lifted its holdings in shares of ASML by 99.6% during the second quarter. One Capital Management LLC now owns 461 shares of the semiconductor company’s stock valued at $471,000 after purchasing an additional 230 shares during the last quarter. Citizens Financial Group Inc. RI bought a new stake in shares of ASML in the 2nd quarter worth approximately $201,000. Moors & Cabot Inc. grew its stake in shares of ASML by 10.0% in the 2nd quarter. Moors & Cabot Inc. now owns 1,119 shares of the semiconductor company’s stock worth $1,144,000 after buying an additional 102 shares during the last quarter. Finally, Financial & Tax Architects LLC increased its position in ASML by 24.5% during the 2nd quarter. Financial & Tax Architects LLC now owns 1,325 shares of the semiconductor company’s stock valued at $1,355,000 after buying an additional 261 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 1.4 %

ASML opened at $726.30 on Thursday. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The firm has a 50 day moving average price of $702.22 and a 200-day moving average price of $801.85. The stock 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 earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. The business had revenue of $8.21 billion during 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%. Equities research analysts forecast that ASML Holding will post 20.68 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on ASML. Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday. Susquehanna decreased their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Finally, JPMorgan Chase & Co. cut their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. 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.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $955.50.

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.