Trinity Financial Advisors LLC Purchases 369 Shares of ASML Holding (NASDAQ:ASML)

Trinity Financial Advisors LLC increased its stake in ASML Holding (NASDAQ:ASML - Free Report) by 73.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 871 shares of the semiconductor company's stock after acquiring an additional 369 shares during the period. Trinity Financial Advisors LLC's holdings in ASML were worth $577,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Wellington Shields & Co. LLC boosted its stake in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in ASML in the fourth quarter worth about $31,000. Roxbury Financial LLC bought a new stake in ASML in the fourth quarter worth about $39,000. Tradewinds Capital Management LLC boosted its position in shares of ASML by 96.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock valued at $41,000 after buying an additional 29 shares during the period. Finally, Investment Management Corp VA ADV purchased a new position in shares of ASML during the fourth quarter valued at approximately $46,000. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of research analyst reports. Wells Fargo & Company decreased their price target on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Barclays reissued an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Susquehanna reduced 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 note on Thursday, April 17th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Stock Down 3.2%

Shares of ASML stock traded down $25.21 during trading on Friday, hitting $761.00. 1,742,119 shares of the stock traded hands, compared to its average volume of 1,679,669. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The stock's fifty day simple moving average is $706.95 and its 200 day simple moving average is $713.94. The firm has a market cap of $299.39 billion, a P/E ratio of 36.59, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last posted its 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 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. On average, equities 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.