Ballentine Partners LLC Grows Stock Holdings in ASML Holding (NASDAQ:ASML)

Ballentine Partners LLC raised its stake in shares of ASML Holding (NASDAQ:ASML) by 7.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,690 shares of the semiconductor company’s stock after acquiring an additional 265 shares during the period. Ballentine Partners LLC’s holdings in ASML were worth $2,557,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Fairway Wealth LLC acquired a new stake in shares of ASML during the third quarter worth $25,000. Resources Management Corp CT ADV purchased a new position in ASML during the 2nd quarter worth $26,000. Milestone Investment Advisors LLC acquired a new stake in shares of ASML in the 3rd quarter worth $28,000. Fortitude Family Office LLC boosted its holdings in shares of ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new position in shares of ASML during the third quarter worth about $43,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML opened at $756.33 on Tuesday. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The stock has a market cap of $297.56 billion, a P/E ratio of 39.60, a PEG ratio of 2.30 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company has a 50-day moving average of $706.71 and a two-hundred day moving average of $795.37.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. reduced their price objective on shares of 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. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Sanford C. Bernstein cut their price objective 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 decreased their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Finally, BNP Paribas began coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Three equities research 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.