Bartlett & CO. Wealth Management LLC lifted its holdings in ASML Holding (NASDAQ:ASML – Free Report) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,456 shares of the semiconductor company’s stock after buying an additional 1,998 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in ASML were worth $40,515,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fairway Wealth LLC acquired a new position in shares of ASML during the 3rd quarter worth $25,000. Resources Management Corp CT ADV acquired a new position in ASML during the second quarter worth about $26,000. Milestone Investment Advisors LLC acquired a new stake in shares of ASML in the third quarter valued at approximately $28,000. Fortitude Family Office LLC increased its stake 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 worth $39,000 after purchasing an additional 15 shares in the last quarter. Finally, Albion Financial Group UT raised its position in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
Wall Street Analyst Weigh In
ASML has been the subject of a number of analyst reports. Susquehanna cut their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. BNP Paribas initiated coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. lowered their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $955.50.
ASML Stock Up 0.5 %
Shares of NASDAQ ASML opened at $766.71 on Thursday. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $301.64 billion, a PE ratio of 40.14, a P/E/G ratio of 2.35 and a beta of 1.47. The firm has a fifty day moving average of $710.29 and a 200-day moving average of $790.96. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09.
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.
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