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

Foster Victor Wealth Advisors LLC lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 19.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 430 shares of the semiconductor company’s stock after buying an additional 71 shares during the quarter. Foster Victor Wealth Advisors LLC’s holdings in ASML were worth $325,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Armstrong Advisory Group Inc. boosted its position in shares of ASML by 24.5% in the third quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 12 shares during the period. Bruce G. Allen Investments LLC boosted its holdings in ASML by 21.2% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock valued at $67,000 after purchasing an additional 14 shares during the period. Steigerwald Gordon & Koch Inc. grew its position in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC increased its holdings in shares of ASML by 0.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after purchasing an additional 14 shares during the period. Finally, Fortitude Family Office LLC boosted its stake in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 15 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Trading Up 4.3 %

NASDAQ ASML opened at $712.65 on Thursday. The stock has a 50-day moving average of $715.62 and a 200-day moving average of $778.53. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The firm has a market cap of $280.37 billion, a PE ratio of 37.31, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47.

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

Analyst Upgrades and Downgrades

ASML has been the topic of several recent analyst reports. Wells Fargo & Company raised their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Susquehanna dropped 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 research report on Friday, October 11th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Finally, JPMorgan Chase & Co. lowered their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $946.60.

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.