Thurston Springer Miller Herd & Titak Inc. Increases Stock Holdings in ASML Holding (NASDAQ:ASML)

Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 32.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,595 shares of the semiconductor company's stock after acquiring an additional 390 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.'s holdings in ASML were worth $1,057,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC acquired a new position in shares of ASML during the 4th quarter worth approximately $337,000. Mather Group LLC. increased its position in ASML by 13.8% during the fourth quarter. Mather Group LLC. now owns 412 shares of the semiconductor company's stock worth $286,000 after buying an additional 50 shares in the last quarter. Figure 8 Investment Strategies LLC acquired a new position in shares of ASML in the fourth quarter worth $1,239,000. Telos Capital Management Inc. lifted its position in shares of ASML by 8.2% in the fourth quarter. Telos Capital Management Inc. now owns 10,144 shares of the semiconductor company's stock valued at $7,031,000 after acquiring an additional 771 shares in the last quarter. Finally, Savant Capital LLC lifted its position in shares of ASML by 22.4% in the fourth quarter. Savant Capital LLC now owns 907 shares of the semiconductor company's stock valued at $629,000 after acquiring an additional 166 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Trading Up 0.7%

NASDAQ:ASML traded up $5.26 during trading hours on Friday, reaching $753.02. 1,345,054 shares of the company were exchanged, compared to its average volume of 1,670,995. The firm has a market cap of $296.25 billion, a price-to-earnings ratio of 36.20, a PEG ratio of 1.62 and a beta of 1.74. The stock has a 50 day simple moving average of $694.72 and a 200 day simple moving average of $710.91. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ASML shares. Wells Fargo & Company reduced their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Susquehanna reduced their price objective 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. Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $906.00.

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.