ASML Holding (NASDAQ:ASML) Holdings Reduced by Perpetual Ltd

Perpetual Ltd lessened its holdings in shares of ASML Holding (NASDAQ:ASML) by 48.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,099 shares of the semiconductor company’s stock after selling 1,053 shares during the period. Perpetual Ltd’s holdings in ASML were worth $762,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in ASML. Resources Management Corp CT ADV bought a new stake in ASML during the 2nd quarter valued at $26,000. Fairway Wealth LLC bought a new stake in ASML during the third quarter worth approximately $25,000. Milestone Investment Advisors LLC acquired a new stake in shares of ASML in the third quarter valued at $28,000. Fortitude Family Office LLC boosted its stake in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in ASML during the third quarter valued at about $43,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ASML shares. Susquehanna cut their price target 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. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. 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. Finally, BNP Paribas initiated coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Three equities research 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Trading Up 0.5 %

NASDAQ ASML opened at $766.71 on Thursday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The firm’s fifty day simple moving average is $710.29 and its 200-day simple moving average is $790.96. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $301.64 billion, a PE ratio of 40.14, a price-to-earnings-growth ratio of 2.35 and a beta of 1.47.

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.