Veracity Capital LLC Has $390,000 Stake in ASML Holding (NASDAQ:ASML)

Veracity Capital LLC boosted its position in ASML Holding (NASDAQ:ASML) by 8.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 563 shares of the semiconductor company’s stock after purchasing an additional 46 shares during the period. Veracity Capital LLC’s holdings in ASML were worth $390,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Secure Asset Management LLC acquired a new position in shares of ASML in the fourth quarter valued at approximately $250,000. Galvin Gaustad & Stein LLC increased its position in ASML by 7,081.1% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 21,615 shares of the semiconductor company’s stock valued at $14,981,000 after acquiring an additional 21,314 shares during the period. Goldstein Advisors LLC bought a new position in shares of ASML during the fourth quarter valued at $213,000. Teamwork Financial Advisors LLC acquired a new position in shares of ASML during the fourth quarter worth $1,416,000. Finally, Mutual Advisors LLC grew its stake in shares of ASML by 28.5% in the fourth quarter. Mutual Advisors LLC now owns 2,089 shares of the semiconductor company’s stock worth $1,567,000 after purchasing an additional 463 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 2.7 %

NASDAQ:ASML opened at $746.24 on Friday. The firm has a fifty day simple moving average of $712.16 and a two-hundred day simple moving average of $790.79. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock has a market capitalization of $293.59 billion, a price-to-earnings ratio of 39.07, a PEG ratio of 2.37 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

Wall Street Analysts Forecast Growth

ASML has been the subject of several analyst reports. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Susquehanna lowered their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Sanford C. Bernstein reduced their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Wells Fargo & Company raised their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $955.50.

ASML Company 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.