Northwestern Mutual Wealth Management Co. decreased its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 85.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,029 shares of the semiconductor company’s stock after selling 42,328 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in ASML were worth $7,520,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Family Capital Management Inc. lifted its position in ASML by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after purchasing an additional 7 shares during the period. Sky Investment Group LLC lifted its position in ASML by 2.1% during the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after purchasing an additional 8 shares during the period. BOS Asset Management LLC lifted its position in ASML by 2.4% during the 4th quarter. BOS Asset Management LLC now owns 377 shares of the semiconductor company’s stock valued at $403,000 after purchasing an additional 9 shares during the period. Foster Victor Wealth Advisors LLC lifted its position in ASML by 1.2% during the 4th quarter. Foster Victor Wealth Advisors LLC now owns 765 shares of the semiconductor company’s stock valued at $818,000 after purchasing an additional 9 shares during the period. Finally, Global Assets Advisory LLC lifted its position in ASML by 2.3% during the 3rd quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock valued at $438,000 after purchasing an additional 10 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.
ASML Stock Performance
Shares of ASML stock opened at $1,632.90 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The stock has a market cap of $642.19 billion, a PE ratio of 58.57, a price-to-earnings-growth ratio of 1.31 and a beta of 1.81. The stock has a 50-day moving average of $1,433.13 and a 200-day moving average of $1,297.67. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,653.53.
Analysts Set New Price Targets
ASML has been the topic of a number of research reports. Wells Fargo & Company restated an “overweight” rating and set a $1,750.00 target price on shares of ASML in a research report on Thursday, April 16th. TD Cowen restated a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Citigroup restated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Zacks Research downgraded shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Finally, Susquehanna restated a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,504.38.
Read Our Latest Report on ASML
About ASML
ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.
ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.
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