Thomasville National Bank Grows Stock Holdings in ASML Holding (NASDAQ:ASML)

Thomasville National Bank grew its position in ASML Holding (NASDAQ:ASML - Free Report) by 34.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,870 shares of the semiconductor company's stock after purchasing an additional 7,064 shares during the period. ASML makes up approximately 1.4% of Thomasville National Bank's investment portfolio, making the stock its 26th largest holding. Thomasville National Bank's holdings in ASML were worth $18,467,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Sunpointe LLC grew its position in shares of ASML by 1.3% in the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock valued at $772,000 after acquiring an additional 14 shares during the period. Wealth Quarterback LLC grew its holdings in ASML by 1.1% during the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock worth $923,000 after purchasing an additional 15 shares during the period. Sfmg LLC increased its position in ASML by 3.0% during the fourth quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock worth $354,000 after buying an additional 15 shares during the last quarter. Norinchukin Bank The raised its stake in ASML by 1.8% in the fourth quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock valued at $594,000 after buying an additional 15 shares during the period. Finally, Coppell Advisory Solutions LLC lifted its position in shares of ASML by 18.5% in the fourth quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock valued at $67,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of research reports. Barclays reiterated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Susquehanna lowered their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Finally, Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Three investment 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.com, ASML currently has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Stock Down 3.2%

NASDAQ ASML traded down $25.21 on Friday, reaching $761.00. The company had a trading volume of 1,742,119 shares, compared to its average volume of 1,681,964. 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's fifty day moving average is $706.95 and its 200 day moving average is $713.94. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The stock has a market capitalization of $299.39 billion, a P/E ratio of 36.59, 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 company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Sell-side 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.