Wealth Management Partners LLC Purchases Shares of 1,318 ASML Holding (NASDAQ:ASML)

Wealth Management Partners LLC acquired a new position in ASML Holding (NASDAQ:ASML) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,318 shares of the semiconductor company’s stock, valued at approximately $913,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of ASML. Carnegie Investment Counsel boosted its position in ASML by 68.9% during the 4th 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 period. Central Pacific Bank Trust Division purchased a new stake in shares of ASML during the fourth quarter worth about $1,174,000. Taurus Asset Management LLC bought a new stake in shares of ASML in the third quarter worth about $16,994,000. State Street Corp increased its holdings in ASML by 5.2% during the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock valued at $117,323,000 after purchasing an additional 7,010 shares during the period. Finally, Stockman Wealth Management Inc. raised its position in ASML by 7.2% during the 3rd 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 last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ASML shares. Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. dropped their target price 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. Susquehanna reduced their price target 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, Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Price Performance

Shares of NASDAQ ASML opened at $756.33 on Monday. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The company has a market capitalization of $297.56 billion, a price-to-earnings ratio of 39.60, a P/E/G ratio of 2.30 and a beta of 1.47. The company has a 50 day simple moving average of $706.71 and a two-hundred day simple moving average of $797.30.

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.