ST Germain D J Co. Inc. Grows Stock Position in ASML Holding (NASDAQ:ASML)

ST Germain D J Co. Inc. increased its holdings in shares of ASML Holding (NASDAQ:ASML - Free Report) by 4.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,722 shares of the semiconductor company's stock after acquiring an additional 1,137 shares during the period. ST Germain D J Co. Inc.'s holdings in ASML were worth $18,369,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Merit Financial Group LLC grew its position in shares of ASML by 48.0% during the 1st quarter. Merit Financial Group LLC now owns 2,120 shares of the semiconductor company's stock valued at $1,405,000 after acquiring an additional 688 shares during the period. Harbor Investment Advisory LLC grew its position in shares of ASML by 59.4% during the 1st quarter. Harbor Investment Advisory LLC now owns 271 shares of the semiconductor company's stock valued at $180,000 after acquiring an additional 101 shares during the period. Gradient Investments LLC grew its position in shares of ASML by 4.0% during the 1st quarter. Gradient Investments LLC now owns 678 shares of the semiconductor company's stock valued at $449,000 after acquiring an additional 26 shares during the period. Arlington Financial Advisors LLC boosted its holdings in ASML by 9.8% in the 1st quarter. Arlington Financial Advisors LLC now owns 494 shares of the semiconductor company's stock worth $327,000 after buying an additional 44 shares during the last quarter. Finally, Eldred Rock Partners LLC boosted its holdings in ASML by 33.1% in the 1st quarter. Eldred Rock Partners LLC now owns 16,829 shares of the semiconductor company's stock worth $11,203,000 after buying an additional 4,189 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ASML has been the topic of several research analyst reports. Citigroup reiterated a "buy" rating on shares of ASML in a report on Monday, May 19th. Susquehanna lowered their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company lowered their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, ASML has an average rating of "Moderate Buy" and a consensus target price of $906.00.

ASML Price Performance

Shares of ASML stock traded down $4.47 on Wednesday, hitting $742.78. 1,159,977 shares of the company were exchanged, compared to its average volume of 1,671,786. The stock has a market capitalization of $292.23 billion, a price-to-earnings ratio of 35.71, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. The company has a 50-day moving average price of $689.94 and a 200 day moving average price of $709.48. 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.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, sell-side analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

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.