Chevy Chase Trust Holdings LLC Decreases Stock Holdings in ASML Holding N.V. (NASDAQ:ASML)

Chevy Chase Trust Holdings LLC trimmed its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 9.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 112,184 shares of the semiconductor company's stock after selling 11,033 shares during the period. Chevy Chase Trust Holdings LLC's holdings in ASML were worth $74,336,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Putney Financial Group LLC increased its position in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after buying an additional 29 shares during the period. Wellington Shields & Co. LLC boosted its holdings in 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 purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML during the 4th quarter valued at $31,000. Investment Management Corp VA ADV purchased a new stake in shares of ASML in the fourth quarter worth $46,000. Finally, Bradley & Co. Private Wealth Management LLC bought a new stake in ASML during the fourth quarter valued at $51,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

Shares of ASML traded up $1.88 on Wednesday, reaching $815.24. The company's stock had a trading volume of 1,385,959 shares, compared to its average volume of 1,693,442. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,110.09. The stock has a market capitalization of $320.73 billion, a P/E ratio of 34.35, a PEG ratio of 1.51 and a beta of 1.74. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. The stock's 50 day simple moving average is $725.54 and its two-hundred day simple moving average is $718.20.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. Research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Barclays reaffirmed an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Sanford C. Bernstein started coverage on ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective on the stock. Finally, 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 research report on Thursday, April 17th. Four analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $913.80.

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.