Vantage Investment Partners LLC Increases Stock Position in ASML Holding (NASDAQ:ASML)

Vantage Investment Partners LLC boosted its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 53.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,290 shares of the semiconductor company's stock after acquiring an additional 18,523 shares during the quarter. ASML accounts for about 3.2% of Vantage Investment Partners LLC's investment portfolio, making the stock its 15th largest holding. Vantage Investment Partners LLC's holdings in ASML were worth $36,934,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Thrivent Financial for Lutherans grew its stake in shares of ASML by 176.5% in the second quarter. Thrivent Financial for Lutherans now owns 2,306 shares of the semiconductor company's stock worth $2,358,000 after purchasing an additional 1,472 shares during the last quarter. AQR Capital Management LLC grew its position in shares of ASML by 41.1% in the 2nd quarter. AQR Capital Management LLC now owns 1,974 shares of the semiconductor company's stock worth $2,019,000 after buying an additional 575 shares during the last quarter. Creative Planning increased its stake in shares of ASML by 11.4% during the second quarter. Creative Planning now owns 26,197 shares of the semiconductor company's stock valued at $26,793,000 after buying an additional 2,672 shares during the period. Magnolia Capital Advisors LLC purchased a new position in shares of ASML during the second quarter valued at approximately $210,000. Finally, Silver Lake Advisory LLC bought a new position in shares of ASML during the second quarter valued at approximately $361,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ASML shares. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price objective on the stock. 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 research note on Friday, October 11th. JPMorgan Chase & Co. lowered their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an "overweight" rating for the company in a report on Thursday, October 17th. Berenberg Bank upgraded ASML to a "strong-buy" rating in a report on Wednesday, October 2nd. Finally, Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research note on Friday, November 29th. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $946.60.

ASML Stock Down 0.9 %

ASML stock traded down $5.92 during mid-day trading on Tuesday, hitting $684.23. The company had a trading volume of 2,435,090 shares, compared to its average volume of 1,834,624. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock's 50 day moving average price is $715.19 and its two-hundred day moving average price is $781.36. The company has a market capitalization of $269.19 billion, a PE ratio of 35.82, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47.

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.