ASML Holding (NASDAQ:ASML) Shares Acquired by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division raised its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 74.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,958 shares of the semiconductor company's stock after purchasing an additional 1,264 shares during the period. Central Pacific Bank Trust Division's holdings in ASML were worth $1,960,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ASML. Edgewood Management LLC boosted its stake in ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after purchasing an additional 959,696 shares during the period. Amundi boosted its stake in ASML by 4,880.5% during the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after purchasing an additional 328,552 shares during the period. Wellington Management Group LLP lifted its stake in shares of ASML by 53.4% in the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after acquiring an additional 281,156 shares during the period. Raymond James Financial Inc. bought a new position in shares of ASML in the fourth quarter valued at approximately $175,257,000. Finally, Fisher Funds Management LTD bought a new position in shares of ASML in the fourth quarter valued at approximately $137,386,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ASML. Wells Fargo & Company decreased their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Citigroup reiterated a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Susquehanna decreased their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $906.00.

ASML Price Performance

ASML stock traded up $9.76 on Monday, hitting $746.53. 812,012 shares of the company's stock traded hands, compared to its average volume of 1,672,504. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The stock has a market cap of $293.70 billion, a price-to-earnings ratio of 35.89, a P/E/G ratio of 1.62 and a beta of 1.75. The stock has a fifty day moving average of $688.80 and a 200-day moving average of $709.22. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results 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 business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. On average, analysts forecast that ASML Holding will post 25.17 EPS 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.