Janney Capital Management LLC Reduces Stock Holdings in ASML Holding (NASDAQ:ASML)

Janney Capital Management LLC lowered its holdings in shares of ASML Holding (NASDAQ:ASML) by 3.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,432 shares of the semiconductor company’s stock after selling 317 shares during the quarter. Janney Capital Management LLC’s holdings in ASML were worth $6,537,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Armstrong Advisory Group Inc. increased its position in shares of ASML by 24.5% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 12 shares during the last quarter. Matrix Private Capital Group LLC boosted its stake in ASML by 5.5% during the second quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company’s stock worth $254,000 after buying an additional 13 shares during the period. Bruce G. Allen Investments LLC increased its position in ASML by 21.2% during the third 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 last quarter. Steigerwald Gordon & Koch Inc. raised its stake in shares of ASML by 4.8% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after acquiring an additional 14 shares during the period. Finally, Fortitude Family Office LLC raised its stake in shares of 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 acquiring an additional 15 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $778.61 on Wednesday. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock’s fifty day moving average price is $710.29 and its 200-day moving average price is $790.96. The firm has a market cap of $306.32 billion, a P/E ratio of 40.63, a P/E/G ratio of 2.35 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ASML shares. Susquehanna cut their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Sanford C. Bernstein cut their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target on the stock. JPMorgan Chase & Co. dropped their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Finally, 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. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.