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

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

Several other hedge funds also recently modified their holdings of the company. Fairway Wealth LLC acquired a new stake in shares of ASML in the third quarter valued at approximately $25,000. Milestone Investment Advisors LLC acquired a new stake in shares of ASML in the 3rd quarter valued at $28,000. Fortitude Family Office LLC increased its stake in shares of ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 15 shares during the period. Albion Financial Group UT raised its position in shares of ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 32 shares during the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of ASML during the fourth quarter valued at $42,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Down 1.9 %

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ASML shares. BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Susquehanna reduced their price target on 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 ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, 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. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $946.60.

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.