North Point Portfolio Managers Corp OH Has $11.65 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

North Point Portfolio Managers Corp OH lowered its stake in ASML Holding (NASDAQ:ASML) by 0.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 16,815 shares of the semiconductor company’s stock after selling 120 shares during the period. ASML makes up about 2.0% of North Point Portfolio Managers Corp OH’s holdings, making the stock its 26th biggest holding. North Point Portfolio Managers Corp OH’s holdings in ASML were worth $11,654,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Armstrong Advisory Group Inc. lifted its stake in ASML by 24.5% in the third quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after buying an additional 12 shares during the period. Bruce G. Allen Investments LLC raised its position in shares of ASML by 21.2% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock valued at $67,000 after acquiring an additional 14 shares during the period. Steigerwald Gordon & Koch Inc. boosted its stake in ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after acquiring an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC grew its holdings in ASML by 0.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after purchasing an additional 14 shares during the period. Finally, Fortitude Family Office LLC increased its stake in 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 purchasing an additional 15 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 1.9 %

NASDAQ:ASML opened at $732.25 on Monday. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The company has a market cap of $288.08 billion, a P/E ratio of 38.34, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The business has a 50 day moving average price of $714.70 and a two-hundred day moving average price of $783.98.

Analyst Upgrades and Downgrades

ASML has been the subject of several research analyst reports. 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 report on Thursday, October 17th. 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 ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Wells Fargo & Company increased their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Finally, Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock 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.