Professional Advisory Services Inc. Takes $6.34 Million Position in ASML Holding (NASDAQ:ASML)

Professional Advisory Services Inc. acquired a new position in ASML Holding (NASDAQ:ASML - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,568 shares of the semiconductor company's stock, valued at approximately $6,340,000.

Other large investors have also recently made changes to their positions in the company. Wellington Shields & Co. LLC lifted its holdings in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after buying an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in ASML during the 4th quarter worth $31,000. Roxbury Financial LLC acquired a new stake in ASML during the 4th quarter worth $39,000. Tradewinds Capital Management LLC grew its position in ASML by 96.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 29 shares during the last quarter. Finally, Investment Management Corp VA ADV purchased a new position in ASML during the 4th quarter worth $46,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Up 0.7%

ASML stock opened at $753.02 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The company has a fifty day moving average of $694.72 and a 200-day moving average of $711.27. The stock has a market capitalization of $296.25 billion, a PE ratio of 36.20, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74.

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, beating the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The firm had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. As a group, analysts expect that ASML Holding will post 25.17 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on ASML shares. Susquehanna lowered 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 report on Thursday, April 17th. Citigroup restated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Wells Fargo & Company reduced 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. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target 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.

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