Segment Wealth Management LLC Buys 658 Shares of ASML Holding (NASDAQ:ASML)

Segment Wealth Management LLC raised its stake in shares of ASML Holding (NASDAQ:ASML) by 2.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,931 shares of the semiconductor company’s stock after buying an additional 658 shares during the quarter. ASML comprises 1.2% of Segment Wealth Management LLC’s portfolio, making the stock its 23rd largest holding. Segment Wealth Management LLC’s holdings in ASML were worth $17,279,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. TB Alternative Assets Ltd. bought a new position in ASML in the 4th quarter worth $15,000,000. Legal Advantage Investments Inc. lifted its stake in shares of ASML by 30.7% in the 4th quarter. Legal Advantage Investments Inc. now owns 3,172 shares of the semiconductor company’s stock worth $2,198,000 after purchasing an additional 745 shares during the period. Solidarity Wealth LLC boosted its stake in shares of ASML by 45.0% in the fourth quarter. Solidarity Wealth LLC now owns 10,263 shares of the semiconductor company’s stock worth $7,113,000 after acquiring an additional 3,184 shares during the period. Aspiriant LLC purchased a new stake in shares of ASML during the 4th quarter worth approximately $261,000. Finally, Crossmark Global Holdings Inc. raised its position in ASML by 7.0% during the fourth quarter. Crossmark Global Holdings Inc. now owns 31,486 shares of the semiconductor company’s stock valued at $21,822,000 after purchasing an additional 2,055 shares during the period. 26.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ASML has been the topic of a number of research analyst reports. Sanford C. Bernstein dropped their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. cut their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Susquehanna cut their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Finally, Wells Fargo & Company boosted their price target 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. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $955.50.

ASML Stock Up 0.8 %

Shares of ASML stock opened at $756.33 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. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The stock’s 50 day simple moving average is $706.71 and its 200 day simple moving average is $795.37. The company has a market capitalization of $297.56 billion, a price-to-earnings ratio of 39.60, a PEG ratio of 2.35 and a beta of 1.47.

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.