ASML Holding (NASDAQ:ASML) Shares Bought by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC lifted its position in shares of ASML Holding (NASDAQ:ASML) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,834 shares of the semiconductor company’s stock after acquiring an additional 30 shares during the period. ASML comprises approximately 0.9% of Capstone Wealth Management Group LLC’s holdings, making the stock its 26th largest holding. Capstone Wealth Management Group LLC’s holdings in ASML were worth $1,528,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ASML. KP Management LLC grew its holdings in shares of ASML by 66.7% during the second quarter. KP Management LLC now owns 5,000 shares of the semiconductor company’s stock valued at $5,114,000 after purchasing an additional 2,000 shares during the last quarter. Harvard Management Co. Inc. grew its holdings in ASML by 239.8% during the second quarter. Harvard Management Co. Inc. now owns 93,519 shares of the semiconductor company’s stock worth $95,645,000 after acquiring an additional 66,000 shares during the period. Salem Investment Counselors Inc. raised its holdings in shares of ASML by 41.1% in the 1st quarter. Salem Investment Counselors Inc. now owns 3,457 shares of the semiconductor company’s stock worth $3,355,000 after purchasing an additional 1,007 shares in the last quarter. Point72 DIFC Ltd increased its holdings in shares of ASML by 122.1% in the second quarter. Point72 DIFC Ltd now owns 6,415 shares of the semiconductor company’s stock valued at $6,560,000 after buying an additional 3,527 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in ASML by 169.4% in the 1st quarter. Cetera Investment Advisers now owns 23,351 shares of the semiconductor company’s stock worth $22,661,000 after purchasing an additional 14,682 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 16.3 %

NASDAQ ASML opened at $730.43 on Wednesday. The stock has a fifty day moving average of $843.76 and a 200-day moving average of $921.53. The stock has a market capitalization of $288.22 billion, a P/E ratio of 37.30, a price-to-earnings-growth ratio of 2.08 and a beta of 1.48. ASML Holding has a 52 week low of $573.86 and a 52 week high of $1,110.09. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.14. The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The company’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same quarter last year, the firm earned $5.37 EPS. On average, equities research analysts forecast that ASML Holding will post 20.38 EPS for the current year.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their target price on shares of ASML from $1,202.00 to $1,207.00 and gave the company an “overweight” rating in a research note on Wednesday, October 9th. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Finally, Wells Fargo & Company dropped their target price on shares of ASML from $1,185.00 to $1,000.00 and set an “overweight” rating for the company in a research report on Thursday, October 3rd. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average target price of $1,071.80.

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.