Asio Capital LLC Acquires 2,311 Shares of ASML Holding (NASDAQ:ASML)

Asio Capital LLC raised its stake in shares of ASML Holding (NASDAQ:ASML) by 63.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,958 shares of the semiconductor company’s stock after buying an additional 2,311 shares during the period. Asio Capital LLC’s holdings in ASML were worth $4,129,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fairway Wealth LLC acquired a new position in ASML during the 3rd quarter worth $25,000. Milestone Investment Advisors LLC bought a new position in shares of ASML in the third quarter worth about $28,000. Fortitude Family Office LLC lifted its position in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the last quarter. Brooklyn Investment Group bought a new stake in ASML during the 3rd quarter valued at approximately $43,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in ASML in the 3rd quarter valued at approximately $43,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 1.9 %

Shares of ASML opened at $732.25 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The company has a 50-day moving average price of $714.70 and a two-hundred day moving average price of $788.08. The stock has a market cap of $288.08 billion, a price-to-earnings ratio of 38.34, a P/E/G ratio of 2.39 and a beta of 1.47. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Berenberg Bank upgraded ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Susquehanna decreased their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Wells Fargo & Company upped their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, Sanford C. Bernstein reduced their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus price target of $946.60.

About ASML

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.