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

Veracity Capital LLC boosted its holdings in shares of ASML Holding (NASDAQ:ASML) by 8.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 563 shares of the semiconductor company’s stock after acquiring an additional 46 shares during the period. Veracity Capital LLC’s holdings in ASML were worth $390,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in ASML. Armstrong Advisory Group Inc. lifted its position in ASML by 24.5% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 12 shares in the last quarter. Matrix Private Capital Group LLC lifted its holdings in shares of ASML by 5.5% in the second quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company’s stock valued at $254,000 after purchasing an additional 13 shares in the last quarter. Bruce G. Allen Investments LLC boosted its position in shares of ASML by 21.2% during the third quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock valued at $67,000 after buying an additional 14 shares during the last quarter. Steigerwald Gordon & Koch Inc. grew its holdings in ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after buying an additional 14 shares in the last quarter. Finally, Fortitude Family Office LLC raised its position in 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 last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ ASML opened at $746.24 on Friday. The company’s 50 day simple moving average is $712.16 and its two-hundred day simple moving average is $790.79. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The stock has a market capitalization of $293.59 billion, a PE ratio of 39.07, a P/E/G ratio of 2.37 and a beta of 1.47.

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent analyst reports. Wells Fargo & Company upped their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Sanford C. Bernstein decreased their price objective 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. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. JPMorgan Chase & Co. dropped their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Finally, Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus 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.