Grove Bank & Trust Lowers Position in ASML Holding (NASDAQ:ASML)

Grove Bank & Trust cut its stake in ASML Holding (NASDAQ:ASML) by 17.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 208 shares of the semiconductor company’s stock after selling 45 shares during the quarter. Grove Bank & Trust’s holdings in ASML were worth $144,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. My Legacy Advisors LLC raised its stake in shares of ASML by 1.6% in the fourth quarter. My Legacy Advisors LLC now owns 1,762 shares of the semiconductor company’s stock worth $1,280,000 after purchasing an additional 28 shares during the last quarter. Steigerwald Gordon & Koch Inc. raised its stake in shares of ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after purchasing an additional 14 shares during the last quarter. Romano Brothers AND Company raised its stake in shares of ASML by 4.8% in the fourth quarter. Romano Brothers AND Company now owns 434 shares of the semiconductor company’s stock worth $301,000 after purchasing an additional 20 shares during the last quarter. Clarius Group LLC increased its position in shares of ASML by 12.3% during the fourth quarter. Clarius Group LLC now owns 1,412 shares of the semiconductor company’s stock valued at $979,000 after acquiring an additional 155 shares during the last quarter. Finally, Aaron Wealth Advisors LLC increased its position in shares of ASML by 8.6% during the fourth quarter. Aaron Wealth Advisors LLC now owns 2,575 shares of the semiconductor company’s stock valued at $1,785,000 after acquiring an additional 204 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

ASML stock opened at $756.33 on Tuesday. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The business has a fifty day moving average price of $706.71 and a 200-day moving average price of $795.37. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The firm has a market capitalization of $297.56 billion, a P/E ratio of 39.60, a PEG ratio of 2.30 and a beta of 1.47.

Analysts Set New Price Targets

A number of analysts recently commented on ASML shares. Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. 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 report on Monday, January 13th. JPMorgan Chase & Co. decreased their price target 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. Susquehanna decreased their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Finally, Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $955.50.

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.