Sanibel Captiva Trust Company Inc. Raises Stake in ASML Holding (NASDAQ:ASML)

Sanibel Captiva Trust Company Inc. boosted its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 16.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,380 shares of the semiconductor company's stock after buying an additional 3,095 shares during the quarter. Sanibel Captiva Trust Company Inc.'s holdings in ASML were worth $14,167,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. Wellington Shields & Co. LLC raised its stake in shares of ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of ASML during the fourth quarter worth about $31,000. Roxbury Financial LLC purchased a new stake in shares of ASML during the fourth quarter worth approximately $39,000. Tradewinds Capital Management LLC raised its holdings in ASML by 96.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 29 shares in the last quarter. Finally, Investment Management Corp VA ADV purchased a new stake in shares of ASML in the fourth quarter valued at approximately $46,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Performance

NASDAQ:ASML traded down $25.21 during trading hours on Friday, reaching $761.00. The stock had a trading volume of 1,742,119 shares, compared to its average volume of 1,681,964. The stock has a market cap of $299.39 billion, a P/E ratio of 36.59, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a 50 day simple moving average of $710.27 and a 200 day simple moving average of $714.56.

ASML (NASDAQ:ASML - Get Free Report) last announced its 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. The firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, research analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ASML has been the subject of several research reports. Susquehanna cut their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Wells Fargo & Company lowered their price target 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. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

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.