SG Americas Securities LLC Acquires 115,603 Shares of ASML Holding (NASDAQ:ASML)

SG Americas Securities LLC raised its position in ASML Holding (NASDAQ:ASML) by 281.3% in the fourth quarter, HoldingsChannel reports. The fund owned 156,693 shares of the semiconductor company’s stock after purchasing an additional 115,603 shares during the quarter. ASML makes up approximately 0.4% of SG Americas Securities LLC’s holdings, making the stock its 26th largest holding. SG Americas Securities LLC’s holdings in ASML were worth $108,601,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in ASML. Daymark Wealth Partners LLC boosted its position in shares of ASML by 74.9% during the fourth quarter. Daymark Wealth Partners LLC now owns 3,794 shares of the semiconductor company’s stock valued at $2,630,000 after buying an additional 1,625 shares during the last quarter. Albion Financial Group UT raised its stake in shares of ASML by 133.3% in the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 32 shares during the period. Global Trust Asset Management LLC raised its stake in shares of ASML by 16.7% in the fourth quarter. Global Trust Asset Management LLC now owns 301 shares of the semiconductor company’s stock valued at $209,000 after buying an additional 43 shares during the period. Barlow Wealth Partners Inc. bought a new stake in shares of ASML during the 4th quarter valued at $13,132,000. Finally, Nisa Investment Advisors LLC raised its stake in shares of ASML by 962.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 170 shares of the semiconductor company’s stock valued at $118,000 after purchasing an additional 154 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ASML shares. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company increased 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. 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 note on Friday, October 11th. Finally, JPMorgan Chase & Co. dropped their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $955.50.

ASML Trading Up 0.5 %

Shares of ASML stock opened at $766.71 on Thursday. The firm has a market capitalization of $301.64 billion, a PE ratio of 40.14, a P/E/G ratio of 2.35 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The firm’s 50-day moving average price is $710.29 and its 200 day moving average price is $790.96.

ASML 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.