388 Shares in ASML Holding (NASDAQ:ASML) Acquired by Clarendon Private LLC

Clarendon Private LLC purchased a new position in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 388 shares of the semiconductor company’s stock, valued at approximately $269,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. Fairway Wealth LLC acquired a new position in shares of ASML during the third quarter worth $25,000. Milestone Investment Advisors LLC acquired a new position in shares of ASML during the 3rd quarter worth about $28,000. Fortitude Family Office LLC increased its holdings in shares of ASML by 46.9% in the 3rd 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 during the last quarter. Albion Financial Group UT raised its position in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 32 shares in the last quarter. Finally, Sugar Maple Asset Management LLC purchased a new stake in ASML during the fourth quarter worth approximately $42,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $732.25 on Friday. The business has a 50 day simple moving average of $714.70 and a 200-day simple moving average of $788.08. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The stock has a market capitalization of $288.08 billion, a PE ratio of 38.34, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note 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 on the stock in a research report on Thursday, October 17th. Sanford C. Bernstein reduced their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Finally, Susquehanna reduced their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $946.60.

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.