Webster Bank N. A. Has $233,000 Stock Holdings in ASML Holding (NASDAQ:ASML)

Webster Bank N. A. trimmed its holdings in shares of ASML Holding (NASDAQ:ASML) by 10.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 336 shares of the semiconductor company’s stock after selling 38 shares during the period. Webster Bank N. A.’s holdings in ASML were worth $233,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Carnegie Investment Counsel raised its holdings in shares of ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after acquiring an additional 868 shares in the last quarter. Central Pacific Bank Trust Division bought a new stake in ASML in the fourth quarter worth approximately $1,174,000. Taurus Asset Management LLC acquired a new position in shares of ASML during the 3rd quarter worth $16,994,000. State Street Corp lifted its stake in shares of ASML by 5.2% in the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock valued at $117,323,000 after purchasing an additional 7,010 shares during the last quarter. Finally, Stockman Wealth Management Inc. boosted its holdings in ASML by 7.2% in the third quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after purchasing an additional 1,032 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Trading Down 1.9 %

ASML stock opened at $732.25 on Monday. 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 firm has a market cap of $288.08 billion, a P/E ratio of 38.34, a P/E/G ratio of 2.39 and a beta of 1.47. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The business’s 50 day moving average is $714.70 and its 200-day moving average is $783.98.

Analyst Ratings Changes

A number of brokerages have recently commented on ASML. JPMorgan Chase & Co. lowered their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein decreased their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Susquehanna dropped their target price 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. Finally, Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has 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 $946.60.

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.