Probity Advisors Inc. Invests $238,000 in ASML Holding (NASDAQ:ASML)

Probity Advisors Inc. bought a new position in shares of ASML Holding (NASDAQ:ASML - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 343 shares of the semiconductor company's stock, valued at approximately $238,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Kennebec Savings Bank lifted its stake in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 25 shares during the last quarter. Wellington Shields & Co. LLC raised its holdings in ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of ASML during the fourth quarter valued at about $31,000. Roxbury Financial LLC bought a new stake in shares of ASML in the 4th quarter valued at about $39,000. Finally, Caitlin John LLC increased its position in shares of 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 purchasing an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on ASML. JPMorgan Chase & Co. dropped their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Wells Fargo & Company dropped their price target on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research 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 for the company in a research note on Thursday, April 17th. Finally, DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $906.00.

ASML Stock Performance

NASDAQ:ASML traded up $0.56 during midday trading on Thursday, hitting $747.07. The company's stock had a trading volume of 1,165,777 shares, compared to its average volume of 1,666,567. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm has a market cap of $293.91 billion, a P/E ratio of 35.92, a P/E/G ratio of 1.62 and a beta of 1.75. The firm's 50 day moving average is $687.49 and its 200-day moving average is $707.29.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $7.90 billion. Equities analysts anticipate that ASML Holding will post 25.17 earnings per share 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.