Annex Advisory Services LLC Takes $17.45 Million Position in ASML Holding (NASDAQ:ASML)

Annex Advisory Services LLC bought a new position in shares of ASML Holding (NASDAQ:ASML) in the 4th quarter, HoldingsChannel.com reports. The firm bought 25,172 shares of the semiconductor company’s stock, valued at approximately $17,447,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Fisher Asset Management LLC lifted its position in shares of ASML by 1.0% during the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after buying an additional 31,879 shares during the last quarter. Edgewood Management LLC raised its stake in ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after acquiring an additional 70,776 shares in the last quarter. Van ECK Associates Corp boosted its stake in ASML by 37.0% in 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 in the last quarter. Windacre Partnership LLC boosted its stake in ASML by 4.0% in the third quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after acquiring an additional 25,600 shares in the last quarter. Finally, Lone Pine Capital LLC grew its holdings in shares of ASML by 19.0% during the second 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 last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML opened at $756.33 on Monday. The stock has a market capitalization of $297.56 billion, a P/E ratio of 39.60, a P/E/G ratio of 2.30 and a beta of 1.47. 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 1 year low of $645.45 and a 1 year high of $1,110.09. The company’s fifty day moving average is $706.71 and its two-hundred day moving average is $797.30.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research analyst reports. 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. Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. BNP Paribas started coverage on shares of ASML in a report 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 shares of 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. Finally, Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $955.50.

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.