Ritholtz Wealth Management Sells 1,866 Shares of ASML Holding (NASDAQ:ASML)

Ritholtz Wealth Management reduced its position in shares of ASML Holding (NASDAQ:ASML) by 20.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,415 shares of the semiconductor company’s stock after selling 1,866 shares during the quarter. Ritholtz Wealth Management’s holdings in ASML were worth $5,139,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. DekaBank Deutsche Girozentrale grew its stake in shares of ASML by 10.1% in the second quarter. DekaBank Deutsche Girozentrale now owns 261 shares of the semiconductor company’s stock worth $270,000 after acquiring an additional 24 shares during the period. Citizens Financial Group Inc. RI bought a new stake in shares of ASML in the second quarter worth approximately $201,000. Moors & Cabot Inc. grew its stake in shares of ASML by 10.0% in the second quarter. Moors & Cabot Inc. now owns 1,119 shares of the semiconductor company’s stock worth $1,144,000 after acquiring an additional 102 shares during the period. Bradley Foster & Sargent Inc. CT grew its stake in shares of ASML by 74.7% in the second quarter. Bradley Foster & Sargent Inc. CT now owns 3,526 shares of the semiconductor company’s stock worth $3,606,000 after acquiring an additional 1,508 shares during the period. Finally, Blair William & Co. IL grew its stake in shares of ASML by 11.8% in the second quarter. Blair William & Co. IL now owns 16,181 shares of the semiconductor company’s stock worth $16,549,000 after acquiring an additional 1,711 shares during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

ASML stock opened at $750.28 on Friday. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company’s fifty day moving average price is $703.52 and its 200-day moving average price is $801.32. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The company has a market capitalization of $295.18 billion, a PE ratio of 39.28, a price-to-earnings-growth ratio of 2.30 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The firm had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. On average, equities analysts anticipate that ASML Holding will post 20.57 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ASML. BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Susquehanna dropped their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday. Morgan Stanley downgraded shares of ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Finally, Sanford C. Bernstein dropped their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Three 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus 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.