ASML Holding (NASDAQ:ASML) Shares Purchased by Global Trust Asset Management LLC

Global Trust Asset Management LLC boosted its position in shares of ASML Holding (NASDAQ:ASML) by 16.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 301 shares of the semiconductor company’s stock after acquiring an additional 43 shares during the quarter. Global Trust Asset Management LLC’s holdings in ASML were worth $209,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Carnegie Investment Counsel boosted its position in ASML by 68.9% in the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock valued at $1,475,000 after buying an additional 868 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of ASML in the 4th quarter valued at $1,174,000. Taurus Asset Management LLC acquired a new stake in shares of ASML in the third quarter worth $16,994,000. State Street Corp raised its holdings in shares of ASML by 5.2% during the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after purchasing an additional 7,010 shares during the last quarter. Finally, Stockman Wealth Management Inc. lifted its position in ASML by 7.2% during the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock valued at $12,800,000 after purchasing an additional 1,032 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ASML shares. Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein reduced 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. Susquehanna dropped their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. BNP Paribas assumed coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Finally, JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $955.50.

ASML Stock Up 0.9 %

ASML stock opened at $763.00 on Wednesday. The stock has a market capitalization of $300.18 billion, a P/E ratio of 39.95, a P/E/G ratio of 2.35 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 firm has a 50-day simple moving average of $710.29 and a 200-day simple moving average of $790.96. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

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.