Asio Capital LLC Purchases 589 Shares of ASML Holding (NASDAQ:ASML)

Asio Capital LLC grew its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 9.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 6,547 shares of the semiconductor company's stock after purchasing an additional 589 shares during the period. Asio Capital LLC's holdings in ASML were worth $4,338,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Savant Capital LLC increased its position in ASML by 22.4% in the 4th quarter. Savant Capital LLC now owns 907 shares of the semiconductor company's stock valued at $629,000 after acquiring an additional 166 shares during the period. Rhumbline Advisers grew its stake in shares of ASML by 12.7% in the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after purchasing an additional 947 shares during the last quarter. V Square Quantitative Management LLC increased its holdings in ASML by 30.0% in the fourth quarter. V Square Quantitative Management LLC now owns 1,492 shares of the semiconductor company's stock valued at $1,051,000 after purchasing an additional 344 shares during the period. WASHINGTON TRUST Co raised its position in ASML by 1.8% during the 4th quarter. WASHINGTON TRUST Co now owns 19,488 shares of the semiconductor company's stock worth $13,507,000 after purchasing an additional 338 shares during the last quarter. Finally, Myriad Asset Management US LP bought a new position in ASML during the 4th quarter worth $2,271,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on ASML. Citigroup reiterated a "buy" rating on shares of ASML in a report on Monday, May 19th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Wells Fargo & Company lowered their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, 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 report on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Price Performance

NASDAQ ASML traded down $25.21 during trading hours on Friday, hitting $761.00. The company had a trading volume of 1,742,119 shares, compared to its average volume of 1,684,517. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a market capitalization of $299.39 billion, a price-to-earnings ratio of 36.59, a PEG ratio of 1.62 and a beta of 1.74. ASML Holding has a 52 week low of $578.51 and a 52 week high of $1,110.09. The firm has a 50 day simple moving average of $710.27 and a 200 day simple moving average of $714.86.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion during 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%. Equities research analysts expect that ASML Holding will post 25.17 earnings per share for the current year.

ASML 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.