Atomi Financial Group Inc. Increases Holdings in ASML Holding (NASDAQ:ASML)

Atomi Financial Group Inc. raised its position in shares of ASML Holding (NASDAQ:ASML) by 36.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,291 shares of the semiconductor company’s stock after acquiring an additional 872 shares during the period. Atomi Financial Group Inc.’s holdings in ASML were worth $2,281,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in ASML. Fisher Asset Management LLC increased its stake in shares of ASML by 1.0% during the third quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company’s stock valued at $2,654,921,000 after buying an additional 31,879 shares during the period. Edgewood Management LLC increased its holdings in ASML by 3.3% during the third quarter. Edgewood Management LLC now owns 2,226,971 shares of the semiconductor company’s stock valued at $1,855,624,000 after buying an additional 70,776 shares during the period. Van ECK Associates Corp boosted its position in ASML by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after acquiring an additional 474,653 shares in the last quarter. Windacre Partnership LLC raised its position in shares of 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 acquiring an additional 25,600 shares in the last quarter. Finally, Lone Pine Capital LLC boosted its position in ASML by 19.0% during the second quarter. Lone Pine Capital LLC now owns 587,891 shares of the semiconductor company’s stock valued at $601,254,000 after purchasing an additional 93,851 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on ASML shares. 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 report on Thursday, October 17th. Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Susquehanna lowered their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Sanford C. Bernstein decreased their price objective 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. Finally, BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Three 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 company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $955.50.

ASML Trading Up 0.8 %

ASML stock opened at $756.33 on Tuesday. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock’s 50 day simple moving average is $708.41 and its two-hundred day simple moving average is $793.15. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The firm has a market cap of $297.56 billion, a PE ratio of 39.60, a P/E/G ratio of 2.35 and a beta of 1.47.

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.