Perpetual Ltd Has $762,000 Stock Holdings in ASML Holding (NASDAQ:ASML)

Perpetual Ltd trimmed its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 48.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,099 shares of the semiconductor company's stock after selling 1,053 shares during the quarter. Perpetual Ltd's holdings in ASML were worth $762,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ASML. Resources Management Corp CT ADV acquired a new stake in shares of ASML in the 2nd quarter worth about $26,000. Fairway Wealth LLC bought a new position in shares of ASML during the 3rd quarter valued at about $25,000. Milestone Investment Advisors LLC bought a new position in shares of ASML during the 3rd quarter valued at about $28,000. Fortitude Family Office LLC boosted its position in shares of ASML by 46.9% during the 3rd 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. Finally, Brooklyn Investment Group bought a new position in shares of ASML during the 3rd quarter valued at about $43,000. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Sanford C. Bernstein reduced 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. Susquehanna decreased their price target on shares of ASML from $1,300.00 to $1,100.00 and set a "positive" rating for the company in a report on Friday, October 11th. 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 research report on Monday, January 13th. BNP Paribas started coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price on the stock. Finally, JPMorgan Chase & Co. cut their price target 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. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $955.50.

ASML Stock Performance

ASML stock traded down $24.44 during trading hours on Thursday, hitting $742.27. 1,307,060 shares of the stock were exchanged, compared to its average volume of 1,568,071. The company has a 50-day simple moving average of $712.16 and a two-hundred day simple moving average of $790.79. The firm has a market capitalization of $292.03 billion, a P/E ratio of 38.85, a P/E/G ratio of 2.37 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. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.

About ASML

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.