Archford Capital Strategies LLC Raises Stake in ASML Holding (NASDAQ:ASML)

Archford Capital Strategies LLC lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 222.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,159 shares of the semiconductor company’s stock after purchasing an additional 1,489 shares during the quarter. Archford Capital Strategies LLC’s holdings in ASML were worth $1,497,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Fairway Wealth LLC purchased a new position in ASML during the 3rd quarter valued at about $25,000. Milestone Investment Advisors LLC purchased a new position in ASML during the 3rd quarter valued at about $28,000. Fortitude Family Office LLC boosted its holdings in ASML by 46.9% during 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 period. Albion Financial Group UT boosted its holdings in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 32 shares during the period. Finally, Sugar Maple Asset Management LLC acquired a new stake in ASML in the 4th quarter valued at about $42,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Down 1.9 %

ASML stock opened at $732.25 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The company has a market cap 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. The stock’s 50 day moving average price is $714.70 and its 200 day moving average price is $788.08.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ASML shares. JPMorgan Chase & Co. reduced their price target on 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. Wells Fargo & Company raised their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. BNP Paribas started coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price on the stock. Susquehanna cut their target price on 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, Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average target price 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.