ASML Holding (NASDAQ:ASML) Shares Bought by Ballentine Partners LLC

Ballentine Partners LLC increased its position in ASML Holding (NASDAQ:ASML) by 7.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,690 shares of the semiconductor company’s stock after buying an additional 265 shares during the period. Ballentine Partners LLC’s holdings in ASML were worth $2,557,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ASML. XTX Topco Ltd acquired a new position in shares of ASML during the 2nd quarter valued at about $554,000. King Luther Capital Management Corp grew its holdings in ASML by 11.2% in the second quarter. King Luther Capital Management Corp now owns 1,053 shares of the semiconductor company’s stock valued at $1,077,000 after purchasing an additional 106 shares during the period. AE Wealth Management LLC increased its position in ASML by 17.0% during the second quarter. AE Wealth Management LLC now owns 1,632 shares of the semiconductor company’s stock worth $1,668,000 after purchasing an additional 237 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in ASML by 176.5% during the second quarter. Thrivent Financial for Lutherans now owns 2,306 shares of the semiconductor company’s stock worth $2,358,000 after purchasing an additional 1,472 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of ASML by 1.2% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,574 shares of the semiconductor company’s stock valued at $5,702,000 after purchasing an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of ASML stock opened at $756.33 on Tuesday. The firm has a fifty day simple moving average of $706.71 and a 200-day simple moving average of $795.37. The company has a market capitalization of $297.56 billion, a PE ratio of 39.60, a price-to-earnings-growth ratio of 2.30 and a beta of 1.47. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Susquehanna cut their target price 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. 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 report on Friday, November 29th. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Finally, Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average 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.