MCF Advisors LLC Invests $98,000 in ASML Holding (NASDAQ:ASML)

MCF Advisors LLC acquired a new position in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 142 shares of the semiconductor company’s stock, valued at approximately $98,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ASML. Resources Management Corp CT ADV purchased a new position in shares of ASML in the 2nd quarter worth about $26,000. Fairway Wealth LLC bought a new stake in shares of ASML in the 3rd quarter worth approximately $25,000. Milestone Investment Advisors LLC bought a new stake in shares of ASML in the third quarter valued at $28,000. Fortitude Family Office LLC grew its stake in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares during the period. Finally, Brooklyn Investment Group purchased a new stake in shares of ASML during the 3rd quarter valued at approximately $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on ASML shares. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein lowered 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. Susquehanna dropped their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Finally, JPMorgan Chase & Co. decreased their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Three 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $955.50.

ASML Price Performance

ASML opened at $766.71 on Thursday. The stock has a market capitalization of $301.64 billion, a P/E ratio of 40.14, a PEG ratio of 2.35 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The stock has a 50-day moving average price of $710.29 and a 200-day moving average price of $790.96.

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.