Global Trust Asset Management LLC Increases Holdings in ASML Holding (NASDAQ:ASML)

Global Trust Asset Management LLC increased its position in ASML Holding (NASDAQ:ASML) by 16.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 301 shares of the semiconductor company’s stock after purchasing an additional 43 shares during the quarter. Global Trust Asset Management LLC’s holdings in ASML were worth $209,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Barlow Wealth Partners Inc. bought a new position in shares of ASML during the 4th quarter worth $13,132,000. Nisa Investment Advisors LLC grew its holdings in ASML by 962.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 170 shares of the semiconductor company’s stock worth $118,000 after acquiring an additional 154 shares in the last quarter. Genesis Private Wealth LLC purchased a new position in ASML during the 4th quarter valued at about $295,000. Simon Quick Advisors LLC increased its position in ASML by 23.1% during the 4th quarter. Simon Quick Advisors LLC now owns 1,678 shares of the semiconductor company’s stock valued at $1,163,000 after purchasing an additional 315 shares during the period. Finally, Red Spruce Capital LLC raised its holdings in shares of ASML by 2.6% in the 4th quarter. Red Spruce Capital LLC now owns 6,322 shares of the semiconductor company’s stock valued at $4,382,000 after purchasing an additional 158 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. JPMorgan Chase & Co. cut their price target 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. BNP Paribas began coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Sanford C. Bernstein dropped 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. Finally, Susquehanna reduced their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average price target of $955.50.

ASML Price Performance

Shares of NASDAQ ASML opened at $763.00 on Wednesday. ASML Holding has a fifty-two week low of $645.45 and a fifty-two 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 company has a market cap of $300.18 billion, a PE ratio of 39.95, a P/E/G ratio of 2.35 and a beta of 1.47. The business has a 50-day simple moving average of $710.29 and a two-hundred day simple moving average 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.