Aspiring Ventures LLC reduced its position in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 7.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,695 shares of the semiconductor company’s stock after selling 435 shares during the quarter. ASML makes up about 1.9% of Aspiring Ventures LLC’s holdings, making the stock its 5th largest holding. Aspiring Ventures LLC’s holdings in ASML were worth $5,513,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the business. Manning & Napier Advisors LLC acquired a new position in shares of ASML during the 3rd quarter worth $25,000. City Holding Co. acquired a new position in shares of ASML during the 3rd quarter worth approximately $26,000. Princeton Global Asset Management LLC raised its holdings in shares of ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 20 shares during the last quarter. Binnacle Investments Inc lifted its position in shares of ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in shares of ASML during the 2nd quarter worth about $30,000. 26.07% of the stock is owned by hedge funds and other institutional investors.
ASML Trading Up 0.9%
NASDAQ ASML opened at $1,419.78 on Wednesday. The firm’s fifty day simple moving average is $1,257.70 and its 200-day simple moving average is $1,044.44. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,493.47. The company has a market capitalization of $558.37 billion, a PE ratio of 54.99, a price-to-earnings-growth ratio of 1.60 and a beta of 1.89.
ASML Increases Dividend
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML in a report on Monday, February 2nd. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research report on Thursday, January 29th. Weiss Ratings lowered shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, KGI Securities set a $1,415.00 target price on shares of ASML and gave the company an “outperform” rating in a research report on Thursday, January 15th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,475.00.
Check Out Our Latest Stock Analysis on ASML
ASML Company Profile
ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.
ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.
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