Fulton Breakefield Broenniman LLC Acquires 3,009 Shares of ASML Holding (NASDAQ:ASML)

Fulton Breakefield Broenniman LLC boosted its holdings in ASML Holding (NASDAQ:ASML) by 23.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,749 shares of the semiconductor company’s stock after acquiring an additional 3,009 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in ASML were worth $10,915,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fairway Wealth LLC bought a new position in ASML in the 3rd quarter valued at approximately $25,000. Milestone Investment Advisors LLC purchased a new position in shares of ASML in the 3rd quarter worth $28,000. Fortitude Family Office LLC boosted its stake 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 worth $39,000 after buying an additional 15 shares during the last quarter. Brooklyn Investment Group purchased a new position in shares of ASML in the 3rd quarter worth $43,000. Finally, Itau Unibanco Holding S.A. purchased a new position in shares of ASML in the 3rd quarter worth $43,000. 26.07% of the stock is owned by institutional investors.

ASML Stock Down 1.0 %

Shares of NASDAQ:ASML opened at $683.35 on Wednesday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The business has a 50 day simple moving average of $715.19 and a two-hundred day simple moving average of $781.36. The firm has a market capitalization of $268.84 billion, a PE ratio of 35.78, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

Wall Street Analyst Weigh In

ASML has been the topic of several analyst reports. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Sanford C. Bernstein reduced their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Susquehanna reduced their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Finally, BNP Paribas assumed 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. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $946.60.

ASML Company 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.