Geneos Wealth Management Inc. Acquires 17 Shares of ASML Holding (NASDAQ:ASML)

Geneos Wealth Management Inc. grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,555 shares of the semiconductor company’s stock after buying an additional 17 shares during the quarter. Geneos Wealth Management Inc.’s holdings in ASML were worth $1,078,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Fairway Wealth LLC acquired a new position in ASML during the third quarter valued at approximately $25,000. Milestone Investment Advisors LLC bought a new stake in shares of ASML during the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC boosted its holdings in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 15 shares during the last quarter. Albion Financial Group UT increased its holdings in ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after buying an additional 32 shares during the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in ASML during the fourth quarter worth $42,000. Institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Wells Fargo & Company lifted their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Sanford C. Bernstein reduced their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued 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. Finally, Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $946.60.

ASML Trading Down 5.7 %

Shares of ASML stock opened at $690.15 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The firm has a 50-day moving average of $714.70 and a 200-day moving average of $783.98. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The stock has a market cap of $271.52 billion, a PE ratio of 36.13, a PEG ratio of 2.39 and a beta of 1.47.

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.