1834 Investment Advisors Co. Trims Position in ASML Holding (NASDAQ:ASML)

1834 Investment Advisors Co. trimmed its position in ASML Holding (NASDAQ:ASML) by 3.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 610 shares of the semiconductor company’s stock after selling 21 shares during the period. 1834 Investment Advisors Co.’s holdings in ASML were worth $423,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Fairway Wealth LLC bought a new position in shares of ASML in the third quarter worth approximately $25,000. Milestone Investment Advisors LLC purchased a new position in ASML in the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC increased its holdings in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after buying an additional 15 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of ASML during the 3rd quarter valued at $43,000. Finally, Itau Unibanco Holding S.A. bought a new stake in shares of ASML during the 3rd quarter worth $43,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Down 1.9 %

Shares of NASDAQ ASML opened at $732.25 on Monday. The company has a market cap of $288.08 billion, a price-to-earnings ratio of 38.34, a PEG ratio of 2.39 and a beta of 1.47. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average is $714.70 and its 200 day moving average is $786.18. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Sanford C. Bernstein reduced their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. JPMorgan Chase & Co. decreased their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Susquehanna decreased their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Finally, Wells Fargo & Company upped their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $946.60.

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.