Diversify Advisory Services LLC Grows Holdings in ASML Holding (NASDAQ:ASML)

Diversify Advisory Services LLC raised its position in ASML Holding (NASDAQ:ASML) by 2.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,025 shares of the semiconductor company’s stock after purchasing an additional 66 shares during the period. Diversify Advisory Services LLC’s holdings in ASML were worth $2,236,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Fisher Asset Management LLC grew its position in shares of ASML by 1.0% during the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after buying an additional 31,879 shares in the last quarter. Edgewood Management LLC boosted its stake in ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after acquiring an additional 70,776 shares during the last quarter. Van ECK Associates Corp increased its position in shares of ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after purchasing an additional 474,653 shares during the last quarter. Windacre Partnership LLC increased its position in shares of ASML by 4.0% in the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after purchasing an additional 25,600 shares during the last quarter. Finally, Lone Pine Capital LLC lifted its position in shares of ASML by 19.0% during the second quarter. Lone Pine Capital LLC now owns 587,891 shares of the semiconductor company’s stock worth $601,254,000 after purchasing an additional 93,851 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on ASML shares. JPMorgan Chase & Co. lowered their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Susquehanna reduced their price objective on 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. Wells Fargo & Company boosted their target price 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. Finally, Berenberg Bank upgraded 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 issued a strong buy rating to the stock. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and an average price target of $955.50.

ASML Stock Up 0.8 %

ASML stock opened at $756.33 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a 50-day simple moving average of $706.71 and a 200-day simple moving average of $797.30. The firm has a market capitalization of $297.56 billion, a P/E ratio of 39.60, a P/E/G 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.