ASML Holding (NASDAQ:ASML) Holdings Lifted by Royal Fund Management LLC

Royal Fund Management LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 120.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,794 shares of the semiconductor company’s stock after acquiring an additional 1,525 shares during the period. Royal Fund Management LLC’s holdings in ASML were worth $1,937,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Fairway Wealth LLC purchased a new stake in shares of ASML in the third quarter worth approximately $25,000. Resources Management Corp CT ADV acquired a new position in ASML in the 2nd quarter valued at approximately $26,000. Milestone Investment Advisors LLC purchased a new stake in ASML in the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC boosted its stake in shares of 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 buying an additional 15 shares during the period. Finally, Sugar Maple Asset Management LLC purchased a new position in shares of ASML during the 4th quarter valued at $42,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 0.8 %

ASML stock opened at $756.33 on Tuesday. 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 company has a 50-day moving average of $706.71 and a two-hundred day moving average of $795.37. The stock has a market capitalization of $297.56 billion, a price-to-earnings ratio of 39.60, a price-to-earnings-growth ratio of 2.30 and a beta of 1.47. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09.

Analyst Ratings Changes

Several equities research analysts recently commented on ASML shares. BNP Paribas began 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. JPMorgan Chase & Co. dropped their price target on shares of 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. Wells Fargo & Company lifted their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Susquehanna reduced their price target on 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 research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $955.50.

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.