Fullcircle Wealth LLC Increases Position in ASML Holding (NASDAQ:ASML)

Fullcircle Wealth LLC boosted its position in ASML Holding (NASDAQ:ASML) by 22.2% in the 4th quarter, Holdings Channel reports. The fund owned 968 shares of the semiconductor company’s stock after purchasing an additional 176 shares during the period. Fullcircle Wealth LLC’s holdings in ASML were worth $671,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Clark Capital Management Group Inc. grew its holdings in ASML by 2.1% in the fourth quarter. Clark Capital Management Group Inc. now owns 977 shares of the semiconductor company’s stock valued at $677,000 after purchasing an additional 20 shares during the period. Deutsche Bank AG increased its holdings in ASML by 2.6% in the 4th quarter. Deutsche Bank AG now owns 24,491 shares of the semiconductor company’s stock valued at $16,974,000 after purchasing an additional 614 shares in the last quarter. DC Investments Management LLC purchased a new position in ASML in the fourth quarter valued at about $1,941,000. Dimension Capital Management LLC raised its position in ASML by 6.3% in the fourth quarter. Dimension Capital Management LLC now owns 831 shares of the semiconductor company’s stock valued at $576,000 after purchasing an additional 49 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of ASML during the fourth quarter worth about $5,816,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently commented on ASML. Susquehanna dropped their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company reduced their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. dropped their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average target price of $906.00.

ASML Trading Up 3.0 %

Shares of ASML stock opened at $700.39 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a 50-day simple moving average of $679.07 and a 200 day simple moving average of $701.98. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The stock has a market capitalization of $275.55 billion, a P/E ratio of 33.67, a P/E/G ratio of 1.62 and a beta of 1.75.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $7.90 billion. On average, sell-side analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

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.