Sky Investment Group LLC Invests $237,000 in ASML Holding (NASDAQ:ASML)

Sky Investment Group LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 342 shares of the semiconductor company’s stock, valued at approximately $237,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fairway Wealth LLC purchased a new stake in shares of ASML during the 3rd quarter valued at approximately $25,000. Resources Management Corp CT ADV bought a new stake in ASML during the 2nd quarter valued at $26,000. Milestone Investment Advisors LLC purchased a new stake in shares of ASML during the third quarter worth $28,000. Fortitude Family Office LLC boosted its holdings in shares of ASML by 46.9% in the third 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 position in shares of ASML in the third quarter valued at $43,000. Institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Susquehanna dropped their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. JPMorgan Chase & Co. cut their price objective 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. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Sanford C. Bernstein cut their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Finally, Berenberg Bank upgraded 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $955.50.

ASML Stock Up 0.8 %

Shares of NASDAQ:ASML opened at $756.33 on Tuesday. The firm has a fifty day moving average of $706.71 and a 200 day moving average of $795.37. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The firm 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 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.