Simon Quick Advisors LLC Grows Position in ASML Holding (NASDAQ:ASML)

Simon Quick Advisors LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 23.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,678 shares of the semiconductor company’s stock after buying an additional 315 shares during the quarter. Simon Quick Advisors LLC’s holdings in ASML were worth $1,163,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Fisher Asset Management LLC increased its position in shares of ASML by 1.0% during the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after purchasing an additional 31,879 shares during the last quarter. Edgewood Management LLC boosted its stake in ASML by 3.3% in the 3rd quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock worth $1,855,624,000 after purchasing an additional 70,776 shares during the period. Van ECK Associates Corp boosted its stake in ASML by 37.0% in the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock worth $1,464,061,000 after purchasing an additional 474,653 shares during the period. Windacre Partnership LLC boosted its stake in ASML by 4.0% in the 3rd quarter. Windacre Partnership LLC now owns 664,100 shares of the semiconductor company’s stock worth $553,361,000 after purchasing an additional 25,600 shares during the period. Finally, Lone Pine Capital LLC boosted its stake in ASML by 19.0% in the 2nd quarter. Lone Pine Capital LLC now owns 587,891 shares of the semiconductor company’s stock worth $601,254,000 after purchasing an additional 93,851 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of ASML stock opened at $763.00 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The business’s 50 day simple moving average is $708.41 and its two-hundred day simple moving average is $793.15. The stock has a market capitalization 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. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. decreased their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average 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.