ASML Holding (NASDAQ:ASML) Position Boosted by Brooklyn Investment Group

Brooklyn Investment Group grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 530.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 328 shares of the semiconductor company’s stock after acquiring an additional 276 shares during the quarter. Brooklyn Investment Group’s holdings in ASML were worth $227,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

A number of equities analysts have issued reports on ASML shares. Wells Fargo & Company increased their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Susquehanna lowered their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three 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 data from MarketBeat, ASML has an average rating of “Moderate Buy” and an average target price of $955.50.

ASML Stock Up 0.8 %

Shares of NASDAQ:ASML opened at $756.33 on Friday. ASML Holding has a 52 week low of $645.45 and a 52 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 $297.56 billion, a PE ratio of 39.60, a price-to-earnings-growth ratio of 2.30 and a beta of 1.47. The firm has a 50 day simple moving average of $706.71 and a 200 day simple moving average of $799.04.

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.