Red Spruce Capital LLC purchased a new position in shares of ASML Holding NV (NASDAQ:ASML) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 9,094 shares of the semiconductor company’s stock, valued at approximately $2,691,000. ASML accounts for 2.2% of Red Spruce Capital LLC’s portfolio, making the stock its 10th largest holding.

A number of other large investors also recently bought and sold shares of the business. Coastal Investment Advisors Inc. purchased a new position in shares of ASML in the 3rd quarter valued at $28,000. Evoke Wealth LLC bought a new position in ASML in the third quarter valued at about $31,000. Venturi Wealth Management LLC bought a new position in ASML in the third quarter valued at about $49,000. Rehmann Capital Advisory Group grew its position in ASML by 74.3% in the second quarter. Rehmann Capital Advisory Group now owns 265 shares of the semiconductor company’s stock valued at $55,000 after acquiring an additional 113 shares during the last quarter. Finally, Massey Quick Simon & CO. LLC grew its position in ASML by 1,466.7% in the third quarter. Massey Quick Simon & CO. LLC now owns 235 shares of the semiconductor company’s stock valued at $58,000 after acquiring an additional 220 shares during the last quarter. 16.87% of the stock is currently owned by institutional investors.

ASML stock opened at $300.08 on Thursday. The company has a market capitalization of $127.42 billion, a PE ratio of 41.79, a PEG ratio of 2.33 and a beta of 1.27. ASML Holding NV has a 12-month low of $155.22 and a 12-month high of $305.90. The firm’s fifty day moving average is $289.27 and its 200 day moving average is $251.23. The company has a quick ratio of 1.62, a current ratio of 2.72 and a debt-to-equity ratio of 0.26.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, October 16th. The semiconductor company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.06. ASML had a net margin of 22.15% and a return on equity of 20.42%. The business had revenue of $3.32 billion during the quarter, compared to analysts’ expectations of $3.37 billion. Sell-side analysts expect that ASML Holding NV will post 6.89 EPS for the current fiscal year.

A number of research analysts have issued reports on the company. ValuEngine cut ASML from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Royal Bank of Canada reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, October 16th. JPMorgan Chase & Co. lifted their target price on ASML from $260.00 to $310.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. Zacks Investment Research lowered ASML from a “hold” rating to a “sell” rating in a research report on Friday, October 18th. Finally, Bank of America cut ASML from a “buy” rating to a “neutral” rating in a research note on Thursday, January 9th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $269.75.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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