425 Shares in ASML Holding (NASDAQ:ASML) Bought by Genesis Private Wealth LLC

Genesis Private Wealth LLC purchased a new stake in ASML Holding (NASDAQ:ASML) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 425 shares of the semiconductor company’s stock, valued at approximately $295,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC grew its holdings in ASML by 1.0% during the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock worth $2,654,921,000 after purchasing an additional 31,879 shares during the period. Edgewood Management LLC boosted its stake in shares of ASML by 3.3% during the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after acquiring an additional 70,776 shares during the period. Van ECK Associates Corp raised its stake in ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after acquiring an additional 474,653 shares during the period. Windacre Partnership LLC lifted its holdings in ASML by 4.0% during the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock valued at $553,361,000 after purchasing an additional 25,600 shares during the last quarter. Finally, Lone Pine Capital LLC boosted its position in ASML by 19.0% during the second quarter. Lone Pine Capital LLC now owns 587,891 shares of the semiconductor company’s stock worth $601,254,000 after purchasing an additional 93,851 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML stock opened at $763.00 on Wednesday. The company’s 50-day moving average price is $708.41 and its two-hundred day moving average price is $793.15. The firm has a market cap of $300.18 billion, a P/E ratio of 39.95, a P/E/G ratio of 2.35 and a beta of 1.47. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ASML. Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Sanford C. Bernstein lowered 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. BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Finally, Susquehanna reduced their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Three investment 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. Based on data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average price target of $955.50.

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.