Stonegate Investment Group LLC Has $842,000 Stock Holdings in ASML Holding (NASDAQ:ASML)

Stonegate Investment Group LLC reduced its holdings in shares of ASML Holding (NASDAQ:ASML) by 23.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,215 shares of the semiconductor company’s stock after selling 382 shares during the quarter. Stonegate Investment Group LLC’s holdings in ASML were worth $842,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in ASML. Fairway Wealth LLC acquired a new position in ASML during the 3rd quarter valued at about $25,000. Milestone Investment Advisors LLC bought a new position in shares of ASML in the third quarter valued at approximately $28,000. Fortitude Family Office LLC lifted its stake in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 15 shares in the last quarter. Albion Financial Group UT boosted its holdings in 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 acquiring an additional 32 shares during the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of ASML in the 4th quarter worth $42,000. 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. JPMorgan Chase & Co. decreased their price target 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 cut 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. Finally, Susquehanna decreased their target price 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. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $946.60.

ASML Stock Down 1.0 %

Shares of NASDAQ ASML opened at $683.35 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The stock has a market capitalization of $268.84 billion, a PE ratio of 35.78, a P/E/G ratio of 2.39 and a beta of 1.47. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The business’s fifty day moving average price is $715.19 and its 200-day moving average price is $781.36.

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.