Clarius Group LLC Increases Stake in ASML Holding (NASDAQ:ASML)

Clarius Group LLC increased its stake in ASML Holding (NASDAQ:ASML) by 12.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,412 shares of the semiconductor company’s stock after buying an additional 155 shares during the period. Clarius Group LLC’s holdings in ASML were worth $979,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC boosted its holdings in shares of ASML by 1.0% in the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after purchasing an additional 31,879 shares during the last quarter. Edgewood Management LLC boosted its holdings in ASML by 3.3% in the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after acquiring an additional 70,776 shares during the last quarter. Van ECK Associates Corp grew its position in ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after acquiring an additional 474,653 shares during the period. Windacre Partnership LLC increased its stake in ASML by 4.0% during the third quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after acquiring an additional 25,600 shares during the last quarter. Finally, Lone Pine Capital LLC raised its holdings in shares of ASML by 19.0% in the 2nd quarter. Lone Pine Capital LLC now owns 587,891 shares of the semiconductor company’s stock worth $601,254,000 after purchasing an additional 93,851 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Up 0.8 %

Shares of ASML stock opened at $756.33 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. 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 moving average of $706.71 and a 200-day moving average of $799.04. The company has a market capitalization of $297.56 billion, a PE ratio of 39.60, a P/E/G ratio of 2.30 and a beta of 1.47.

Analysts Set New Price Targets

ASML has been the subject of a number of research reports. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. decreased their price target on shares of 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. Finally, 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. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

About ASML

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.