ASML Holding (NASDAQ:ASML) Shares Purchased by Wealth Effects LLC

Wealth Effects LLC boosted its stake in shares of ASML Holding (NASDAQ:ASML) by 51.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 435 shares of the semiconductor company’s stock after buying an additional 148 shares during the quarter. Wealth Effects LLC’s holdings in ASML were worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Carnegie Investment Counsel increased its stake in ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after purchasing an additional 868 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of ASML in the 4th quarter worth about $1,174,000. Taurus Asset Management LLC purchased a new stake in shares of ASML in the 3rd quarter worth about $16,994,000. State Street Corp grew its stake in ASML by 5.2% in the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock valued at $117,323,000 after acquiring an additional 7,010 shares during the last quarter. Finally, Stockman Wealth Management Inc. increased its holdings in ASML by 7.2% during the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock valued at $12,800,000 after acquiring an additional 1,032 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on ASML shares. JPMorgan Chase & Co. cut their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Sanford C. Bernstein reduced their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Susquehanna dropped their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Wells Fargo & Company raised their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, ASML has an average rating of “Moderate Buy” and a consensus price target of $946.60.

ASML Stock Performance

NASDAQ:ASML opened at $690.15 on Tuesday. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The firm’s 50 day moving average is $714.70 and its two-hundred day moving average is $783.98. The company has a market cap of $271.52 billion, a P/E ratio of 36.13, a P/E/G ratio of 2.39 and a beta of 1.47. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

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.