Wealthcare Advisory Partners LLC Sells 241 Shares of ASML Holding (NASDAQ:ASML)

Wealthcare Advisory Partners LLC trimmed its position in shares of ASML Holding (NASDAQ:ASML) by 40.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 358 shares of the semiconductor company’s stock after selling 241 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in ASML were worth $248,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Procyon Advisors LLC increased its position in ASML by 2.2% during the 4th quarter. Procyon Advisors LLC now owns 780 shares of the semiconductor company’s stock valued at $541,000 after buying an additional 17 shares in the last quarter. Channel Wealth LLC increased its holdings in shares of ASML by 11.3% during the fourth quarter. Channel Wealth LLC now owns 6,285 shares of the semiconductor company’s stock valued at $4,356,000 after acquiring an additional 640 shares in the last quarter. Yarbrough Capital LLC purchased a new position in shares of ASML in the 4th quarter valued at approximately $3,050,000. Empirical Asset Management LLC grew its position in ASML by 2,825.3% during the 4th quarter. Empirical Asset Management LLC now owns 84,191 shares of the semiconductor company’s stock worth $58,351,000 after purchasing an additional 81,313 shares during the last quarter. Finally, Eagle Rock Investment Company LLC increased its stake in ASML by 51.5% during the 4th quarter. Eagle Rock Investment Company LLC now owns 441 shares of the semiconductor company’s stock valued at $306,000 after purchasing an additional 150 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Up 0.9 %

Shares of ASML stock opened at $763.00 on Wednesday. The firm has a 50-day simple moving average of $708.41 and a two-hundred day simple moving average of $793.15. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The company has a market cap of $300.18 billion, a P/E ratio of 39.95, a price-to-earnings-growth ratio of 2.35 and a beta of 1.47.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ASML shares. JPMorgan Chase & Co. lowered their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Sanford C. Bernstein cut their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Finally, Susquehanna decreased their price objective on shares of 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. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $955.50.

About ASML

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.