Wells Fargo & Company MN Has $260.51 Million Position in ASML Holding (NASDAQ:ASML)

Wells Fargo & Company MN cut its holdings in ASML Holding (NASDAQ:ASML – Get Rating) by 0.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 476,772 shares of the semiconductor company’s stock after selling 175 shares during the quarter. Wells Fargo & Company MN owned approximately 0.12% of ASML worth $260,508,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Accurate Wealth Management LLC acquired a new stake in ASML in the fourth quarter worth about $25,000. Clearstead Trust LLC acquired a new stake in ASML in the 4th quarter valued at approximately $44,000. Ritter Daniher Financial Advisory LLC DE acquired a new position in shares of ASML during the 4th quarter worth approximately $44,000. Financial Management Professionals Inc. increased its position in shares of ASML by 69.5% during the 4th quarter. Financial Management Professionals Inc. now owns 100 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 41 shares during the last quarter. Finally, Hollencrest Capital Management acquired a new position in shares of ASML during the 4th quarter worth approximately $57,000. 18.61% of the stock is currently owned by institutional investors and hedge funds.

Table of Contents

ASML Stock Down 0.2 %

Shares of NASDAQ ASML opened at $723.23 on Monday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.88 and a current ratio of 1.28. The stock has a 50 day moving average price of $663.03 and a 200 day moving average price of $635.34. ASML Holding has a 52-week low of $363.15 and a 52-week high of $747.13. The firm has a market capitalization of $285.38 billion, a price-to-earnings ratio of 40.04, a PEG ratio of 1.21 and a beta of 1.47.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ASML shares. StockNews.com assumed coverage on ASML in a research note on Thursday, May 18th. They issued a “buy” rating for the company. Stifel Nicolaus lowered ASML from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $694.27.

About ASML

(Get Rating)

ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider ASML, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and ASML wasn’t on the list.

While ASML currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here