Physician Wealth Advisors Inc. Decreases Holdings in ASML Holding N.V. (NASDAQ:ASML)

Physician Wealth Advisors Inc. reduced its stake in ASML Holding N.V. (NASDAQ:ASML) by 21.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 170 shares of the semiconductor company’s stock after selling 47 shares during the period. Physician Wealth Advisors Inc.’s holdings in ASML were worth $113,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in ASML. Sfmg LLC raised its position in ASML by 3.0% in the fourth quarter. Sfmg LLC now owns 511 shares of the semiconductor company’s stock worth $354,000 after acquiring an additional 15 shares in the last quarter. Norinchukin Bank The boosted its holdings in ASML by 1.8% during the fourth quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company’s stock worth $594,000 after buying an additional 15 shares in the last quarter. Coppell Advisory Solutions LLC boosted its holdings in ASML by 18.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company’s stock worth $67,000 after buying an additional 15 shares in the last quarter. Ethos Financial Group LLC grew its position in ASML by 5.6% in the fourth quarter. Ethos Financial Group LLC now owns 302 shares of the semiconductor company’s stock worth $209,000 after buying an additional 16 shares during the last quarter. Finally, Nilsine Partners LLC increased its holdings in shares of ASML by 2.6% in the first quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company’s stock valued at $418,000 after buying an additional 16 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on ASML shares. Wells Fargo & Company reduced their price objective on ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Citigroup reissued a “buy” rating on shares of ASML in a research note on Monday, May 19th. Susquehanna cut their price objective on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Jefferies Financial Group cut shares of ASML from a “buy” rating to a “hold” rating in a report on Thursday, June 26th. Finally, Barclays reissued an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, ASML has an average rating of “Moderate Buy” and a consensus price target of $913.80.

ASML Stock Down 1.3%

Shares of ASML traded down $10.54 during trading hours on Wednesday, reaching $779.93. The company’s stock had a trading volume of 260,463 shares, compared to its average volume of 1,698,595. The company has a 50 day moving average of $741.99 and a two-hundred day moving average of $721.28. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The firm has a market cap of $306.84 billion, a price-to-earnings ratio of 32.81, a P/E/G ratio of 1.55 and a beta of 1.73. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. As a group, research analysts predict that ASML Holding N.V. will post 25.17 EPS 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.