Infinitum Asset Management LLC Acquires Shares of 10,000 ASML Holding (NASDAQ:ASML)

Infinitum Asset Management LLC acquired a new stake in shares of ASML Holding (NASDAQ:ASML - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 10,000 shares of the semiconductor company's stock, valued at approximately $6,931,000. ASML accounts for 3.7% of Infinitum Asset Management LLC's portfolio, making the stock its 8th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kennebec Savings Bank lifted its holdings in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after buying an additional 25 shares during the period. Wellington Shields & Co. LLC grew its holdings in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new position in ASML during the fourth quarter valued at approximately $31,000. Roxbury Financial LLC acquired a new position in ASML during the fourth quarter valued at approximately $39,000. Finally, Caitlin John LLC grew its holdings in ASML by 78.1% during the fourth quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 25 shares during the period. 26.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of analyst reports. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Susquehanna cut their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Wells Fargo & Company cut their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, ASML has an average rating of "Moderate Buy" and a consensus target price of $906.00.

ASML Stock Up 0.8%

Shares of ASML stock traded up $6.29 during trading on Thursday, reaching $752.80. The company's stock had a trading volume of 633,776 shares, compared to its average volume of 1,664,578. The business has a fifty day moving average price of $687.49 and a 200-day moving average price of $707.29. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a market cap of $296.17 billion, a price-to-earnings ratio of 36.28, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Analysts anticipate that ASML Holding will post 25.17 earnings per share for the current year.

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.