Janney Montgomery Scott LLC Has $47.28 Million Stock Position in ASML Holding (NASDAQ:ASML)

Janney Montgomery Scott LLC raised its position in shares of ASML Holding (NASDAQ:ASML) by 22.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 68,209 shares of the semiconductor company’s stock after purchasing an additional 12,510 shares during the quarter. Janney Montgomery Scott LLC’s holdings in ASML were worth $47,275,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fairway Wealth LLC bought a new position in ASML during the third quarter worth $25,000. Milestone Investment Advisors LLC bought a new position in shares of ASML in the 3rd quarter worth about $28,000. Fortitude Family Office LLC boosted its position in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares in the last quarter. Albion Financial Group UT increased its holdings in ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares in the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new position in ASML in the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ASML shares. Sanford C. Bernstein cut 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. 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 target for the company. Wells Fargo & Company increased their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. JPMorgan Chase & Co. decreased their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Finally, Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Stock Performance

Shares of ASML opened at $746.24 on Friday. The firm has a market capitalization of $293.59 billion, a P/E ratio of 39.07, a P/E/G ratio of 2.37 and a beta of 1.47. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The stock has a 50 day moving average price of $712.16 and a two-hundred day moving average price of $790.79. 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 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.