ASML Holding (NASDAQ:ASML) Position Boosted by Mutual Advisors LLC

Mutual Advisors LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 28.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,089 shares of the semiconductor company’s stock after purchasing an additional 463 shares during the quarter. Mutual Advisors LLC’s holdings in ASML were worth $1,567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fairway Wealth LLC bought a new position in ASML in the 3rd quarter worth approximately $25,000. Milestone Investment Advisors LLC bought a new position in ASML during the 3rd quarter valued at $28,000. Fortitude Family Office LLC boosted its stake in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares in the last quarter. Brooklyn Investment Group bought a new position in ASML during the 3rd quarter valued at $43,000. Finally, Itau Unibanco Holding S.A. bought a new position in ASML during the 3rd quarter valued at $43,000. 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research reports. 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 note on Thursday, October 17th. 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 note on Friday, November 29th. Susquehanna decreased their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, BNP Paribas initiated coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Three analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $955.50.

ASML Price Performance

ASML opened at $732.25 on Friday. The stock has a fifty day moving average of $713.22 and a 200-day moving average of $790.48. The firm has a market capitalization of $288.08 billion, a P/E ratio of 38.34, a PEG ratio of 2.39 and a beta of 1.47. 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.

ASML 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.