Daymark Wealth Partners LLC Has $2.63 Million Holdings in ASML Holding (NASDAQ:ASML)

Daymark Wealth Partners LLC grew its holdings in shares of ASML Holding (NASDAQ:ASML) by 74.9% in the 4th quarter, Holdings Channel reports. The fund owned 3,794 shares of the semiconductor company’s stock after buying an additional 1,625 shares during the period. Daymark Wealth Partners LLC’s holdings in ASML were worth $2,630,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ASML. International Assets Investment Management LLC boosted its position in ASML by 94,079.7% in the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after buying an additional 491,096 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 valued at $1,464,061,000 after acquiring an additional 474,653 shares during the last quarter. Mediolanum International Funds Ltd acquired a new stake in shares of ASML during the 3rd quarter valued at $125,952,000. Pathway Financial Advisers LLC grew its position in ASML by 97,001.7% during the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock worth $94,665,000 after acquiring an additional 113,492 shares during the last quarter. Finally, Spear Holdings RSC Ltd acquired a new position in ASML in the 3rd quarter worth about $92,006,000. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $766.71 on Thursday. The company’s fifty day simple moving average is $710.29 and its 200 day simple moving average is $790.96. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The firm has a market cap of $301.64 billion, a price-to-earnings ratio of 40.14, a PEG ratio of 2.35 and a beta of 1.47.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Wells Fargo & Company lifted 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. JPMorgan Chase & Co. reduced 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. Susquehanna decreased their price target on shares of 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. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Sanford C. Bernstein decreased their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $955.50.

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.