Keybank National Association OH Increases Position in ASML Holding N.V. (NASDAQ:ASML)

Keybank National Association OH lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 96.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,591 shares of the semiconductor company's stock after acquiring an additional 2,257 shares during the period. Keybank National Association OH's holdings in ASML were worth $3,042,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sfmg LLC increased its position in shares of ASML by 3.0% during the 4th quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock worth $354,000 after purchasing an additional 15 shares during the last quarter. Norinchukin Bank The increased its position in shares of ASML by 1.8% during the fourth quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock valued at $594,000 after acquiring an additional 15 shares during the last quarter. Coppell Advisory Solutions LLC increased its position in shares of ASML by 18.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock valued at $67,000 after acquiring an additional 15 shares during the last quarter. Ethos Financial Group LLC raised its stake in shares of ASML by 5.6% in the 4th quarter. Ethos Financial Group LLC now owns 302 shares of the semiconductor company's stock valued at $209,000 after acquiring an additional 16 shares during the period. Finally, Nilsine Partners LLC lifted its holdings in shares of ASML by 2.6% in the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock worth $418,000 after acquiring an additional 16 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Stock Down 0.7%

ASML stock traded down $5.40 during midday trading on Friday, reaching $794.20. 910,715 shares of the company were exchanged, compared to its average volume of 1,707,147. The stock's 50-day simple moving average is $749.55 and its 200 day simple moving average is $722.72. ASML Holding N.V. has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. The company has a market cap of $312.45 billion, a price-to-earnings ratio of 33.47, a price-to-earnings-growth ratio of 1.66 and a beta of 1.73.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly 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 during the quarter, compared to analysts' expectations of $7.90 billion. ASML had a net margin of 28.32% and a return on equity of 51.82%. On average, equities analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Susquehanna decreased their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Sanford C. Bernstein began coverage on shares of ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price objective for the company. Wells Fargo & Company cut 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. Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $913.80.

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.