May Hill Capital LLC Increases Stake in ASML Holding N.V. (NASDAQ:ASML)

May Hill Capital LLC increased its holdings in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 84.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 877 shares of the semiconductor company's stock after buying an additional 401 shares during the quarter. May Hill Capital LLC's holdings in ASML were worth $581,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sfmg LLC grew its holdings in ASML by 3.0% during the 4th quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock worth $354,000 after acquiring an additional 15 shares during the last quarter. Norinchukin Bank The grew its stake in shares of ASML by 1.8% during the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock worth $594,000 after acquiring an additional 15 shares in the last quarter. Coppell Advisory Solutions LLC grew its stake in shares of ASML by 18.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock worth $67,000 after acquiring an additional 15 shares in the last quarter. Nilsine Partners LLC grew its stake in shares of ASML by 2.6% in the first quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock valued at $418,000 after buying an additional 16 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of ASML by 3.2% in the first quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company's stock valued at $342,000 after buying an additional 16 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ASML. Sanford C. Bernstein began coverage on ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Susquehanna decreased their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company cut their price target on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Finally, Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and an average target price of $913.80.

ASML Stock Performance

NASDAQ:ASML opened at $785.09 on Tuesday. The firm has a market capitalization of $308.87 billion, a PE ratio of 33.08, a P/E/G ratio of 1.66 and a beta of 1.73. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. The stock has a 50-day simple moving average of $751.79 and a two-hundred day simple moving average of $723.39. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 51.82% and a net margin of 28.32%. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. Analysts forecast that ASML Holding N.V. will post 25.17 EPS 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.

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