Trust Co of Kansas Acquires New Position in ASML Holding N.V. (NASDAQ:ASML)

Trust Co of Kansas acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,480 shares of the semiconductor company's stock, valued at approximately $2,969,000. ASML accounts for approximately 1.6% of Trust Co of Kansas' investment portfolio, making the stock its 23rd largest holding.

Other large investors have also bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in ASML by 70,115.5% during the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares during the last quarter. Edgewood Management LLC raised its position in shares of ASML by 43.1% in the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after purchasing an additional 959,696 shares during the period. Amundi lifted its stake in shares of ASML by 4,880.5% during the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after buying an additional 328,552 shares in the last quarter. Wellington Management Group LLP boosted its holdings in ASML by 53.4% in the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after buying an additional 281,156 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in ASML in the 4th quarter valued at approximately $175,257,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Price Performance

Shares of ASML traded down $17.15 during trading hours on Thursday, reaching $798.09. 1,704,972 shares of the company's stock traded hands, compared to its average volume of 1,700,346. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The stock has a market cap of $313.98 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 1.58 and a beta of 1.74. The firm's 50 day simple moving average is $729.15 and its 200-day simple moving average is $718.87.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. Equities analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

Analysts Set New Price Targets

ASML has been the subject of a number of analyst reports. Barclays reaffirmed an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Sanford C. Bernstein assumed coverage on ASML in a research note on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price for the company. Susquehanna reduced their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Wells Fargo & Company reduced their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given 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 $913.80.

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.