Trust Point Inc. Acquires 21 Shares of ASML Holding (NASDAQ:ASML)

Trust Point Inc. lifted its position in ASML Holding (NASDAQ:ASML) by 3.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 627 shares of the semiconductor company’s stock after buying an additional 21 shares during the period. Trust Point Inc.’s holdings in ASML were worth $415,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ASML. Wellington Shields & Co. LLC increased its position in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML in the 4th quarter valued at $31,000. Tradewinds Capital Management LLC increased its position in shares of ASML by 96.7% in the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 29 shares in the last quarter. Investment Management Corp VA ADV bought a new stake in shares of ASML in the 4th quarter valued at $46,000. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in shares of ASML in the 4th quarter valued at $51,000. Institutional investors own 26.07% of the company’s stock.

ASML Trading Up 1.9%

ASML stock opened at $775.23 on Tuesday. The firm has a 50-day moving average of $713.86 and a 200-day moving average of $715.79. ASML Holding has a one year low of $578.51 and a one year 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. The company has a market cap of $304.99 billion, a price-to-earnings ratio of 37.27, a P/E/G ratio of 1.62 and a beta of 1.74.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. On average, equities analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ASML. Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Monday, May 19th. Barclays reaffirmed an “equal weight” rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Susquehanna reduced 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 note on Thursday, April 17th. Three research 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 company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $906.00.

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.