Janney Capital Management LLC Sells 317 Shares of ASML Holding (NASDAQ:ASML)

Janney Capital Management LLC lessened its stake in shares of ASML Holding (NASDAQ:ASML) by 3.3% during the 4th quarter, Holdings Channel reports. The fund owned 9,432 shares of the semiconductor company’s stock after selling 317 shares during the period. Janney Capital Management LLC’s holdings in ASML were worth $6,537,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC boosted its position in ASML by 94,079.7% during the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after purchasing an additional 491,096 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of ASML by 37.0% during the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after buying an additional 474,653 shares during the last quarter. Mediolanum International Funds Ltd bought a new stake in shares of ASML in the 3rd quarter valued at about $125,952,000. Pathway Financial Advisers LLC grew its position in shares of ASML by 97,001.7% in the 3rd quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock worth $94,665,000 after buying an additional 113,492 shares during the last quarter. Finally, Spear Holdings RSC Ltd bought a new position in shares of ASML during the 3rd quarter worth approximately $92,006,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Trading Up 2.0 %

ASML stock opened at $778.61 on Wednesday. The stock has a 50-day moving average price of $710.29 and a 200 day moving average price of $790.96. The company has a market capitalization of $306.32 billion, a price-to-earnings ratio of 40.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.47. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on ASML shares. Susquehanna lowered their target price 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. Wells Fargo & Company boosted 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. JPMorgan Chase & Co. reduced their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Sanford C. Bernstein lowered their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Finally, BNP Paribas assumed coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus 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.