ASML Holding (NASDAQ:ASML) Position Boosted by Harbor Investment Advisory LLC

Harbor Investment Advisory LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 57.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 170 shares of the semiconductor company’s stock after buying an additional 62 shares during the quarter. Harbor Investment Advisory LLC’s holdings in ASML were worth $118,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. boosted its stake in ASML by 24.5% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 12 shares in the last quarter. Matrix Private Capital Group LLC boosted its stake in 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 in the last quarter. Bruce G. Allen Investments LLC boosted its stake in ASML by 21.2% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock valued at $67,000 after purchasing an additional 14 shares in the last quarter. Steigerwald Gordon & Koch Inc. boosted its stake in ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares in the last quarter. Finally, Fortitude Family Office LLC boosted its stake 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 purchasing an additional 15 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

ASML opened at $766.71 on Thursday. The stock has a fifty day moving average of $710.29 and a 200-day moving average of $790.96. The firm has a market capitalization of $301.64 billion, a P/E ratio of 40.14, a PEG ratio of 2.35 and a beta of 1.47. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ASML. Susquehanna decreased their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. 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 research report on Friday, November 29th. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. JPMorgan Chase & Co. cut their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Finally, Berenberg Bank upgraded ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $955.50.

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.