ASML Holding (NASDAQ:ASML) Shares Acquired by Harbor Investment Advisory LLC

Harbor Investment Advisory LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 57.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 170 shares of the semiconductor company’s stock after acquiring an additional 62 shares during the quarter. Harbor Investment Advisory LLC’s holdings in ASML were worth $118,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of ASML. Thrivent Financial for Lutherans lifted its stake in shares of ASML by 176.5% in the second quarter. Thrivent Financial for Lutherans now owns 2,306 shares of the semiconductor company’s stock worth $2,358,000 after acquiring an additional 1,472 shares in the last quarter. Resources Management Corp CT ADV acquired a new stake in ASML during the second quarter valued at approximately $26,000. Insigneo Advisory Services LLC raised its stake in ASML by 13.1% during the second quarter. Insigneo Advisory Services LLC now owns 2,282 shares of the semiconductor company’s stock valued at $2,334,000 after buying an additional 265 shares in the last quarter. Lone Pine Capital LLC raised its stake in ASML by 19.0% during the second quarter. Lone Pine Capital LLC now owns 587,891 shares of the semiconductor company’s stock valued at $601,254,000 after buying an additional 93,851 shares in the last quarter. Finally, Fred Alger Management LLC raised its stake in ASML by 266.1% during the second quarter. Fred Alger Management LLC now owns 7,590 shares of the semiconductor company’s stock valued at $7,763,000 after buying an additional 5,517 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ASML shares. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. cut their price objective 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. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Finally, Susquehanna lowered their target price 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. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $955.50.

ASML Stock Performance

Shares of ASML stock opened at $766.71 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 $301.64 billion, a price-to-earnings ratio of 40.14, a price-to-earnings-growth ratio of 2.35 and a beta of 1.47. The business has a 50 day simple moving average of $710.29 and a 200 day simple moving average of $790.96. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

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.