Allworth Financial LP trimmed its holdings in ASML Holding (NASDAQ:ASML – Get Rating) by 9.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,316 shares of the semiconductor company’s stock after selling 138 shares during the period. Allworth Financial LP’s holdings in ASML were worth $719,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC lifted its stake in shares of ASML by 4.0% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 550 shares of the semiconductor company’s stock valued at $228,000 after purchasing an additional 21 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. lifted its stake in shares of ASML by 15.6% in the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 163 shares of the semiconductor company’s stock valued at $68,000 after purchasing an additional 22 shares in the last quarter. Verdence Capital Advisors LLC lifted its stake in shares of ASML by 1.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 1,436 shares of the semiconductor company’s stock valued at $596,000 after purchasing an additional 22 shares in the last quarter. Penobscot Investment Management Company Inc. lifted its stake in shares of ASML by 2.7% in the 3rd quarter. Penobscot Investment Management Company Inc. now owns 886 shares of the semiconductor company’s stock valued at $368,000 after purchasing an additional 23 shares in the last quarter. Finally, Westover Capital Advisors LLC lifted its stake in shares of ASML by 0.9% in the 2nd quarter. Westover Capital Advisors LLC now owns 2,720 shares of the semiconductor company’s stock valued at $1,294,000 after purchasing an additional 24 shares in the last quarter. 18.61% of the stock is owned by institutional investors and hedge funds.
ASML Price Performance
Shares of NASDAQ ASML opened at $647.53 on Friday. ASML Holding has a twelve month low of $363.15 and a twelve month high of $714.62. The company has a current ratio of 1.28, a quick ratio of 0.88 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $255.51 billion, a price-to-earnings ratio of 39.53, a price-to-earnings-growth ratio of 1.05 and a beta of 1.46. The business has a 50 day simple moving average of $646.60 and a 200-day simple moving average of $564.27.
ASML Cuts Dividend
Wall Street Analyst Weigh In
Several research firms recently commented on ASML. Sanford C. Bernstein began coverage on ASML in a research report on Wednesday, January 18th. They set an “outperform” rating on the stock. Argus boosted their price target on ASML from $590.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday, January 26th. StockNews.com began coverage on ASML in a research report on Thursday, March 16th. They set a “buy” rating on the stock. JPMorgan Chase & Co. boosted their price target on ASML from $710.00 to $752.00 and gave the stock an “overweight” rating in a research report on Thursday, January 26th. Finally, Barclays began coverage on ASML in a research report on Tuesday, January 17th. They set an “equal weight” rating on the stock. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $688.92.
ASML Company Profile
ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.
Featured Articles
- Get a free copy of the StockNews.com research report on ASML (ASML)
- Dividend King Genuine Parts Company Upgraded On Profit Guidance
- The Bottom Is In For Accenture
- 11 Best Consumer Discretionary Stocks of 2023
- 5 Best Dividend Capture Stocks
- 10 Best Consumer Discretionary ETFs
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding (NASDAQ:ASML – Get Rating).
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.
