Portside Wealth Group LLC Sells 14 Shares of ASML Holding (NASDAQ:ASML)

Portside Wealth Group LLC cut its stake in shares of ASML Holding (NASDAQ:ASML) by 1.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,326 shares of the semiconductor company’s stock after selling 14 shares during the period. Portside Wealth Group LLC’s holdings in ASML were worth $919,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Fairway Wealth LLC bought a new stake in ASML during the 3rd quarter valued at about $25,000. Resources Management Corp CT ADV bought a new stake in shares of ASML during the second quarter valued at approximately $26,000. Milestone Investment Advisors LLC purchased a new position in ASML in the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC lifted its position in ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new stake in ASML during the 3rd quarter valued at $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Trading Up 0.8 %

Shares of ASML stock opened at $756.33 on Friday. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The company’s fifty day simple moving average is $706.71 and its 200-day simple moving average is $799.04. 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 stock has a market capitalization of $297.56 billion, a PE ratio of 39.60, a P/E/G ratio of 2.30 and a beta of 1.47.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ASML shares. 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. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Sanford C. Bernstein reduced their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. JPMorgan Chase & Co. lowered their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Finally, Wells Fargo & Company lifted their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, ASML presently has a consensus 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.