Blue Square Asset Management LLC Has $3.07 Million Stake in ASML Holding (NASDAQ:ASML)

Blue Square Asset Management LLC grew its stake in ASML Holding (NASDAQ:ASML) by 53.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,424 shares of the semiconductor company’s stock after acquiring an additional 1,533 shares during the quarter. ASML accounts for 1.5% of Blue Square Asset Management LLC’s holdings, making the stock its 22nd biggest position. Blue Square Asset Management LLC’s holdings in ASML were worth $3,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Fairway Wealth LLC bought a new stake in shares of ASML in the third quarter worth about $25,000. Milestone Investment Advisors LLC bought a new position in ASML in the third quarter valued at approximately $28,000. Fortitude Family Office LLC boosted its holdings 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 buying an additional 15 shares during the period. Albion Financial Group UT increased its position in shares of ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 32 shares in the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in ASML in the 4th quarter valued at $42,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML stock opened at $732.25 on Friday. The company has a fifty day moving average price of $714.70 and a two-hundred day moving average price of $788.08. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The stock has a market cap of $288.08 billion, a P/E ratio of 38.34, a P/E/G ratio of 2.39 and a beta of 1.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

Wall Street Analysts Forecast Growth

ASML has been the topic of several recent research reports. 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 on the stock. Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. decreased their price target 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 shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Sanford C. Bernstein decreased their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $946.60.

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.