Mill Capital Management LLC Takes Position in ASML Holding N.V. (NASDAQ:ASML)

Mill Capital Management LLC purchased a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 17,674 shares of the semiconductor company's stock, valued at approximately $11,711,000.

Several other institutional investors have also recently made changes to their positions in the stock. GAMMA Investing LLC boosted its stake in ASML by 70,115.5% in the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after purchasing an additional 1,398,805 shares during the period. Edgewood Management LLC lifted its holdings in shares of ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after buying an additional 959,696 shares in the last quarter. Amundi lifted its holdings in shares of ASML by 4,880.5% in the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after buying an additional 328,552 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of ASML by 53.4% in the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after acquiring an additional 281,156 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in ASML during the fourth quarter valued at approximately $175,257,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of analyst reports. Susquehanna decreased their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday. Wells Fargo & Company lowered their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Barclays reissued an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Citigroup restated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and a consensus price target of $913.80.

ASML Price Performance

Shares of ASML stock traded down $17.15 on Thursday, hitting $798.09. 1,704,972 shares of the company traded hands, compared to its average volume of 1,697,098. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,110.09. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The company has a market cap of $313.98 billion, a P/E ratio of 33.63, a P/E/G ratio of 1.58 and a beta of 1.74. The firm's 50-day simple moving average is $729.15 and its 200 day simple moving average is $718.87.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share 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 expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

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.