Mirae Asset Global Investments Co. Ltd. Purchases 9,700 Shares of ASML Holding N.V. $ASML

Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 7.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 145,134 shares of the semiconductor company’s stock after acquiring an additional 9,700 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in ASML were worth $140,503,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Manning & Napier Advisors LLC bought a new position in shares of ASML in the third quarter worth approximately $25,000. Princeton Global Asset Management LLC increased its position in shares of ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 20 shares during the period. City Holding Co. purchased a new stake in shares of ASML during the third quarter worth about $26,000. Binnacle Investments Inc boosted its holdings in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the period. Finally, Pin Oak Investment Advisors Inc. bought a new stake in shares of ASML in the second quarter worth about $30,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

More ASML News

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Analyst Ratings Changes

Several research analysts have commented on the stock. Susquehanna restated a “positive” rating on shares of ASML in a report on Monday, January 12th. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Wednesday. Grupo Santander downgraded ASML to an “underperform” rating in a report on Thursday, January 22nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.00.

View Our Latest Stock Report on ASML

ASML Trading Up 1.1%

NASDAQ:ASML opened at $1,470.64 on Wednesday. ASML Holding N.V. has a 52 week low of $578.51 and a 52 week high of $1,510.49. The stock has a market cap of $578.38 billion, a price-to-earnings ratio of 59.65, a PEG ratio of 1.92 and a beta of 1.86. The company’s 50 day moving average price is $1,152.39 and its 200-day moving average price is $972.87. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

ASML Company Profile

(Free Report)

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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