Capstone Wealth Management Group LLC Acquires 553 Shares of ASML Holding (NASDAQ:ASML)

Capstone Wealth Management Group LLC grew its position in shares of ASML Holding (NASDAQ:ASML) by 30.2% in the fourth quarter, Holdings Channel reports. The firm owned 2,387 shares of the semiconductor company’s stock after purchasing an additional 553 shares during the period. ASML comprises approximately 0.9% of Capstone Wealth Management Group LLC’s holdings, making the stock its 27th biggest position. Capstone Wealth Management Group LLC’s holdings in ASML were worth $1,654,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ASML. Fairway Wealth LLC purchased a new position in shares of ASML during the 3rd quarter valued at $25,000. Resources Management Corp CT ADV purchased a new position in shares of ASML during the 2nd quarter valued at $26,000. Milestone Investment Advisors LLC purchased a new position in shares of ASML during the 3rd quarter valued at $28,000. Fortitude Family Office LLC grew its position in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new position in shares of ASML during the 3rd quarter valued at $43,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Susquehanna cut 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. BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $955.50.

ASML Stock Performance

Shares of NASDAQ:ASML opened at $736.29 on Wednesday. The company has a market cap of $289.67 billion, a price-to-earnings ratio of 38.55, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47. The company has a 50-day moving average price of $702.22 and a 200-day moving average price of $801.85. 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 12 month low of $645.45 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. The firm had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, equities analysts anticipate that ASML Holding will post 20.68 EPS for the current year.

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.