Nixon Peabody Trust Co. Sells 3,515 Shares of ASML Holding N.V. $ASML

Nixon Peabody Trust Co. lowered its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 21.6% during the fourth quarter, HoldingsChannel reports. The fund owned 12,774 shares of the semiconductor company’s stock after selling 3,515 shares during the quarter. ASML makes up about 1.0% of Nixon Peabody Trust Co.’s portfolio, making the stock its 29th biggest holding. Nixon Peabody Trust Co.’s holdings in ASML were worth $13,666,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Telos Capital Management Inc. grew its holdings in shares of ASML by 4.5% in the 3rd quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock worth $10,504,000 after purchasing an additional 463 shares during the last quarter. Regents of The University of California bought a new stake in shares of ASML in the 3rd quarter worth about $413,335,000. Dimensional Fund Advisors LP grew its holdings in shares of ASML by 4.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock worth $959,180,000 after purchasing an additional 38,660 shares during the last quarter. Transcendent Capital Group LLC bought a new stake in shares of ASML in the 3rd quarter worth about $680,000. Finally, Principal Financial Group Inc. grew its holdings in shares of ASML by 34.5% in the 3rd quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock worth $15,086,000 after purchasing an additional 4,001 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ASML. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Thursday, April 16th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Thursday, April 9th. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Wednesday. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $1,750.00 target price on shares of ASML in a report on Thursday, April 16th. Finally, Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a report on Wednesday, April 8th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,504.38.

ASML Stock Up 2.6%

Shares of NASDAQ ASML opened at $1,632.90 on Friday. The firm’s 50-day simple moving average is $1,433.13 and its 200 day simple moving average is $1,297.67. The company has a market cap of $642.19 billion, a price-to-earnings ratio of 58.57, a price-to-earnings-growth ratio of 1.31 and a beta of 1.81. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,653.53.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The business had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, research analysts expect that ASML Holding N.V. will post 37.1 earnings per share for the current fiscal year.

ASML Company Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.