Sequoia Financial Advisors LLC Acquires 414 Shares of ASML Holding N.V. $ASML

Sequoia Financial Advisors LLC lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 9.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,609 shares of the semiconductor company’s stock after purchasing an additional 414 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in ASML were worth $4,461,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Manning & Napier Advisors LLC purchased a new stake in shares of ASML during the 3rd quarter valued at $25,000. Princeton Global Asset Management LLC lifted its stake in ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 20 shares during the last quarter. City Holding Co. bought a new stake in ASML during the third quarter worth about $26,000. Binnacle Investments Inc boosted its holdings in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. purchased a new position in shares of ASML during the 2nd quarter valued at about $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ASML. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, December 10th. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research report on Tuesday, December 16th. JPMorgan Chase & Co. boosted their price objective on ASML from $1,275.00 to $1,518.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Mizuho upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Finally, Redburn Partners set a $1,200.00 price target on shares of ASML in a report on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $1,392.75.

ASML Trading Up 2.0%

Shares of ASML opened at $1,358.57 on Tuesday. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,375.37. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average price is $1,107.84 and its 200-day moving average price is $947.80. The firm has a market capitalization of $534.30 billion, a price-to-earnings ratio of 55.29, a PEG ratio of 1.99 and a beta of 1.86.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.