Nixon Peabody Trust Co. Grows Position in ASML Holding (NASDAQ:ASML)

Nixon Peabody Trust Co. boosted its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 54.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,867 shares of the semiconductor company's stock after purchasing an additional 5,610 shares during the quarter. Nixon Peabody Trust Co.'s holdings in ASML were worth $10,514,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ASML. Wellington Shields & Co. LLC increased its holdings in shares of ASML by 740.0% during 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 ASML in the 4th quarter valued at $31,000. Roxbury Financial LLC bought a new stake in ASML during the 4th quarter valued at $39,000. Caitlin John LLC raised its holdings in ASML by 78.1% during the fourth quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock worth $40,000 after buying an additional 25 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of ASML by 59.5% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 59 shares of the semiconductor company's stock valued at $41,000 after buying an additional 22 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

ASML traded up $5.03 during trading on Thursday, reaching $747.81. 1,506,317 shares of the company were exchanged, compared to its average volume of 1,674,739. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09. The company's 50-day moving average is $691.30 and its two-hundred day moving average is $709.71. 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 company has a market cap of $294.20 billion, a price-to-earnings ratio of 35.95, a P/E/G ratio of 1.62 and a beta of 1.74.

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 the consensus estimate 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 for the quarter, compared to analysts' expectations of $7.90 billion. Research analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ASML. Susquehanna cut their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Wells Fargo & Company cut their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Three 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 company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

About ASML

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.