Thurston Springer Miller Herd & Titak Inc. Buys 367 Shares of ASML Holding (NASDAQ:ASML)

Thurston Springer Miller Herd & Titak Inc. raised its stake in ASML Holding (NASDAQ:ASML) by 43.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,205 shares of the semiconductor company’s stock after acquiring an additional 367 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in ASML were worth $835,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ASML. Fairway Wealth LLC purchased a new position in shares of ASML in the third quarter worth $25,000. Resources Management Corp CT ADV bought a new stake in ASML in the 2nd quarter worth $26,000. Milestone Investment Advisors LLC purchased a new position in shares of ASML in the third quarter valued at about $28,000. Fortitude Family Office LLC raised its stake in shares of 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 acquiring an additional 15 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in shares of ASML during the third quarter worth about $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $726.30 on Thursday. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The firm has a market capitalization of $285.74 billion, a P/E ratio of 38.03, a P/E/G ratio of 2.07 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The business has a fifty day simple moving average of $702.22 and a two-hundred day simple moving average of $801.85.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The company had revenue of $8.21 billion during the quarter, compared to analysts’ expectations of $7.66 billion. On average, equities analysts forecast that ASML Holding will post 20.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on ASML. Sanford C. Bernstein reduced their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. JPMorgan Chase & Co. reduced their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Wells Fargo & Company raised their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday. Susquehanna reduced 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 research report on Friday, October 11th. Finally, BNP Paribas started 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. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $955.50.

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.