ASML Holding (NASDAQ:ASML) Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp grew its stake in shares of ASML Holding (NASDAQ:ASML) by 12.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,759 shares of the semiconductor company’s stock after purchasing an additional 1,062 shares during the quarter. Fifth Third Bancorp’s holdings in ASML were worth $6,764,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of ASML. Fairway Wealth LLC acquired a new position in ASML in the 3rd quarter worth $25,000. Milestone Investment Advisors LLC purchased a new stake in shares of ASML during the third quarter worth about $28,000. Fortitude Family Office LLC lifted its stake in shares of ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares in the last quarter. Albion Financial Group UT boosted 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 valued at $39,000 after purchasing an additional 32 shares during the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new stake in ASML during the 4th quarter valued at approximately $42,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of recent analyst reports. Wells Fargo & Company upped their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. dropped their target price on shares of 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. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Finally, Susquehanna lowered their price objective on 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 analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $946.60.

ASML Stock Down 1.9 %

NASDAQ:ASML opened at $732.25 on Monday. 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 stock has a 50 day moving average of $714.70 and a 200-day moving average of $786.18. The firm has a market capitalization of $288.08 billion, a PE ratio of 38.34, a price-to-earnings-growth ratio of 2.39 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.

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.