Central Bank & Trust Co. Trims Stock Holdings in ASML Holding (NASDAQ:ASML)

Central Bank & Trust Co. lessened its stake in shares of ASML Holding (NASDAQ:ASML) by 37.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 856 shares of the semiconductor company’s stock after selling 511 shares during the quarter. Central Bank & Trust Co.’s holdings in ASML were worth $593,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Fairway Wealth LLC purchased a new position in shares of ASML during the 3rd quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new stake in ASML in the second quarter valued at approximately $26,000. Milestone Investment Advisors LLC acquired a new position in ASML during the third quarter worth $28,000. Fortitude Family Office LLC boosted its position in shares of ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after buying an additional 15 shares during the period. Finally, Brooklyn Investment Group acquired a new stake in shares of ASML in the third quarter valued at $43,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Up 0.8 %

ASML opened at $756.33 on Tuesday. The business’s 50-day simple moving average is $706.71 and its 200-day simple moving average is $795.37. The company 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. ASML Holding has a one year low of $645.45 and a one year 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.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Sanford C. Bernstein decreased their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Wells Fargo & Company increased their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Susquehanna reduced 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 report on Friday, October 11th. Finally, BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.