Kingswood Wealth Advisors LLC Boosts Stock Holdings in ASML Holding (NASDAQ:ASML)

Kingswood Wealth Advisors LLC grew its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 59.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,076 shares of the semiconductor company's stock after purchasing an additional 401 shares during the quarter. Kingswood Wealth Advisors LLC's holdings in ASML were worth $746,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fisher Asset Management LLC boosted its stake in shares of ASML by 1.0% during the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company's stock valued at $2,654,921,000 after buying an additional 31,879 shares during the last quarter. Edgewood Management LLC increased its stake in shares of ASML by 3.3% in the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company's stock valued at $1,855,624,000 after purchasing an additional 70,776 shares during the period. Van ECK Associates Corp raised its stake in ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company's stock valued at $1,464,061,000 after acquiring an additional 474,653 shares in the last quarter. Windacre Partnership LLC boosted its position in ASML by 4.0% during the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company's stock worth $553,361,000 after acquiring an additional 25,600 shares during the period. Finally, International Assets Investment Management LLC grew its stake in shares of ASML by 94,079.7% in the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company's stock worth $4,096,410,000 after purchasing an additional 491,096 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Up 3.8 %

Shares of ASML stock traded up $26.77 on Thursday, hitting $739.42. The company had a trading volume of 1,768,924 shares, compared to its average volume of 2,021,491. The stock has a market capitalization of $290.90 billion, a price-to-earnings ratio of 38.68, a P/E/G ratio of 2.39 and a beta of 1.47. The stock has a 50 day moving average of $716.70 and a 200-day moving average of $778.07. 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 quick ratio of 0.84 and a current ratio of 1.55.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share 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%. As a group, sell-side analysts forecast that ASML Holding will post 20.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ASML has been the topic of several research reports. JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday. BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price on the stock. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research report on Monday, January 13th. Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research report on Friday, November 29th. Finally, Berenberg Bank raised 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 one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $937.00.

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.