North Point Portfolio Managers Corp OH Sells 120 Shares of ASML Holding (NASDAQ:ASML)

North Point Portfolio Managers Corp OH lowered its position in ASML Holding (NASDAQ:ASML) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,815 shares of the semiconductor company’s stock after selling 120 shares during the quarter. ASML accounts for about 2.0% of North Point Portfolio Managers Corp OH’s holdings, making the stock its 26th largest position. North Point Portfolio Managers Corp OH’s holdings in ASML were worth $11,654,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Fairway Wealth LLC acquired a new stake in ASML during the third quarter worth $25,000. Milestone Investment Advisors LLC acquired a new position in ASML in the third quarter worth about $28,000. Fortitude Family Office LLC lifted its stake in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the period. Albion Financial Group UT boosted its holdings in ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares in the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of ASML in the 4th quarter valued at approximately $42,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. JPMorgan Chase & Co. decreased their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Sanford C. Bernstein lowered their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $946.60.

ASML Stock Down 1.9 %

NASDAQ ASML opened at $732.25 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The stock has a market capitalization 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 stock has a fifty day moving average of $714.70 and a 200-day moving average of $783.98.

ASML Company 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.