Allen Capital Group LLC Purchases 517 Shares of ASML Holding (NASDAQ:ASML)

Allen Capital Group LLC raised its position in ASML Holding (NASDAQ:ASML) by 23.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,743 shares of the semiconductor company’s stock after acquiring an additional 517 shares during the quarter. Allen Capital Group LLC’s holdings in ASML were worth $1,901,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Strategic Blueprint LLC boosted its position in shares of ASML by 24.6% during the fourth quarter. Strategic Blueprint LLC now owns 592 shares of the semiconductor company’s stock worth $410,000 after acquiring an additional 117 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in ASML by 49.8% during the 4th quarter. Hantz Financial Services Inc. now owns 16,311 shares of the semiconductor company’s stock valued at $11,305,000 after buying an additional 5,422 shares in the last quarter. Foster Victor Wealth Advisors LLC increased its stake in shares of ASML by 19.8% during the fourth quarter. Foster Victor Wealth Advisors LLC now owns 430 shares of the semiconductor company’s stock valued at $325,000 after buying an additional 71 shares during the period. Foster Group Inc. lifted its position in shares of ASML by 16.2% in the 4th quarter. Foster Group Inc. now owns 330 shares of the semiconductor company’s stock worth $229,000 after purchasing an additional 46 shares during the period. Finally, Fulton Breakefield Broenniman LLC lifted its holdings in ASML by 23.6% during the fourth quarter. Fulton Breakefield Broenniman LLC now owns 15,749 shares of the semiconductor company’s stock worth $10,915,000 after buying an additional 3,009 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Up 6.4 %

ASML stock opened at $727.10 on Wednesday. The business’s 50-day moving average is $715.62 and its 200 day moving average is $778.53. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. 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 stock has a market cap of $286.05 billion, a price-to-earnings ratio of 37.81, a PEG ratio of 2.39 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, sell-side analysts anticipate that ASML Holding will post 20.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. lowered their target price on shares of 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 dropped their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, Susquehanna reduced their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $946.60.

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.