Beaumont Financial Advisors LLC Acquires New Position in ASML Holding (NASDAQ:ASML)

Beaumont Financial Advisors LLC bought a new position in shares of ASML Holding (NASDAQ:ASML) in the fourth quarter, Holdings Channel.com reports. The firm bought 579 shares of the semiconductor company’s stock, valued at approximately $401,000.

Several other large investors have also recently modified their holdings of ASML. Armstrong Advisory Group Inc. boosted its holdings in ASML by 24.5% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock worth $51,000 after buying an additional 12 shares during the period. Matrix Private Capital Group LLC raised its stake in shares of ASML by 5.5% during the 2nd quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company’s stock valued at $254,000 after purchasing an additional 13 shares during the period. Bruce G. Allen Investments LLC boosted its stake in ASML by 21.2% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 14 shares during the period. Steigerwald Gordon & Koch Inc. increased its position in shares of ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after buying an additional 14 shares during the period. Finally, Fortitude Family Office LLC boosted its position in shares of ASML by 46.9% in the third 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. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

ASML stock opened at $766.71 on Thursday. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The stock has a market cap of $301.64 billion, a price-to-earnings ratio of 40.14, a PEG ratio of 2.35 and a beta of 1.47. The stock’s 50 day simple moving average is $710.29 and its two-hundred day simple moving average is $790.96. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ASML. BNP Paribas began coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. JPMorgan Chase & Co. decreased their price objective 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 cut their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.