Farmers & Merchants Investments Inc. Purchases 8,452 Shares of ASML Holding (NASDAQ:ASML)

Farmers & Merchants Investments Inc. increased its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 168.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,482 shares of the semiconductor company's stock after buying an additional 8,452 shares during the period. Farmers & Merchants Investments Inc.'s holdings in ASML were worth $8,934,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Wellington Shields & Co. LLC increased its holdings 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 worth $29,000 after buying an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML during the 4th quarter valued at about $31,000. Roxbury Financial LLC purchased a new stake in shares of ASML in the fourth quarter worth approximately $39,000. Tradewinds Capital Management LLC increased its stake in ASML by 96.7% in 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 during the period. Finally, Investment Management Corp VA ADV purchased a new stake in ASML in the 4th quarter valued at about $46,000. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Susquehanna lowered 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 note on Thursday, April 17th. Barclays restated an "equal weight" rating on shares of ASML in a research report 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 on the stock 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 given a strong buy rating to the stock. According to MarketBeat, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Trading Up 1.8%

Shares of ASML traded up $13.80 on Monday, hitting $774.80. 873,061 shares of the stock traded hands, compared to its average volume of 1,658,690. ASML Holding has a 1 year low of $578.51 and a 1 year high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock's 50 day moving average is $710.27 and its two-hundred day moving average is $715.17. The firm has a market capitalization of $304.82 billion, a P/E ratio of 37.25, a P/E/G ratio of 1.62 and a beta of 1.74.

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, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. As a group, sell-side analysts predict that ASML Holding will post 25.17 earnings per share for the current 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.