Legacy Wealth Asset Management LLC Has $1.92 Million Stake in ASML Holding (NASDAQ:ASML)

Legacy Wealth Asset Management LLC increased its holdings in shares of ASML Holding (NASDAQ:ASML) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,774 shares of the semiconductor company’s stock after acquiring an additional 37 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in ASML were worth $1,923,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Hennion & Walsh Asset Management Inc. lifted its stake in shares of ASML by 21.9% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,828 shares of the semiconductor company’s stock worth $1,267,000 after buying an additional 328 shares during the last quarter. Mason & Associates Inc bought a new position in ASML in the 4th quarter valued at about $967,000. Northside Capital Management LLC lifted its position in ASML by 60.2% during the fourth quarter. Northside Capital Management LLC now owns 399 shares of the semiconductor company’s stock worth $276,000 after acquiring an additional 150 shares during the last quarter. Winch Advisory Services LLC boosted its holdings in shares of ASML by 168.5% during the fourth quarter. Winch Advisory Services LLC now owns 647 shares of the semiconductor company’s stock worth $449,000 after acquiring an additional 406 shares during the period. Finally, Outlook Wealth Advisors LLC grew its position in shares of ASML by 46.2% in the fourth quarter. Outlook Wealth Advisors LLC now owns 601 shares of the semiconductor company’s stock valued at $416,000 after purchasing an additional 190 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Up 3.3 %

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

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

Analyst Ratings Changes

Several analysts recently issued reports on ASML shares. 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. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Susquehanna lowered their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Sanford C. Bernstein dropped their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Finally, BNP Paribas assumed coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus 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.