Gateway Investment Advisers LLC Has $866,000 Holdings in ASML Holding (NASDAQ:ASML)

Gateway Investment Advisers LLC lowered its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 54.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,249 shares of the semiconductor company's stock after selling 1,497 shares during the quarter. Gateway Investment Advisers LLC's holdings in ASML were worth $866,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Resources Management Corp CT ADV acquired a new stake in ASML in the 2nd quarter worth about $26,000. Fairway Wealth LLC acquired a new stake in shares of ASML in the third quarter valued at approximately $25,000. Milestone Investment Advisors LLC bought a new stake in shares of ASML in the third quarter valued at approximately $28,000. Fortitude Family Office LLC grew its position 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 buying an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in ASML during the 3rd quarter worth $43,000. Institutional investors own 26.07% of the company's stock.

ASML Price Performance

Shares of ASML traded up $6.05 during trading hours on Friday, reaching $756.33. The stock had a trading volume of 1,932,491 shares, compared to its average volume of 1,230,726. 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 12 month low of $645.45 and a 12 month high of $1,110.09. The stock has a market capitalization of $297.56 billion, a PE ratio of 39.60, a PEG ratio of 2.30 and a beta of 1.47. The company's 50-day moving average is $706.71 and its two-hundred day moving average is $797.30.

Analyst Ratings Changes

A number of analysts have recently weighed in on ASML shares. JPMorgan Chase & Co. cut their target price on ASML from $1,207.00 to $1,148.00 and set an "overweight" rating for the company in a research report on Thursday, October 17th. Berenberg Bank upgraded shares of ASML to a "strong-buy" rating in a research note on Wednesday, October 2nd. Sanford C. Bernstein dropped their target price 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 reduced 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 research report on Friday, October 11th. Finally, Wells Fargo & Company boosted their price objective 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. Three 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, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $955.50.

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.