Nixon Peabody Trust Co. Sells 1,001 Shares of ASML Holding N.V. $ASML

Nixon Peabody Trust Co. lowered its stake in ASML Holding N.V. (NASDAQ:ASML) by 7.8% in the 1st quarter, HoldingsChannel reports. The fund owned 11,773 shares of the semiconductor company’s stock after selling 1,001 shares during the period. ASML accounts for approximately 1.2% of Nixon Peabody Trust Co.’s holdings, making the stock its 21st largest holding. Nixon Peabody Trust Co.’s holdings in ASML were worth $15,550,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its holdings in shares of ASML by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after purchasing an additional 132,353 shares during the period. Capital International Investors raised its holdings in ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after buying an additional 577,448 shares during the period. Van ECK Associates Corp raised its holdings in ASML by 16.6% during the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock valued at $2,079,948,000 after buying an additional 305,435 shares during the period. Bank of America Corp DE lifted its position in ASML by 8.3% in the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after buying an additional 142,763 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after buying an additional 1,022,532 shares during the period. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Citigroup reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of ASML in a research note on Monday, June 15th. Four analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,772.62.

ASML Price Performance

ASML stock opened at $1,769.32 on Friday. The stock has a market cap of $695.84 billion, a price-to-earnings ratio of 63.46, a price-to-earnings-growth ratio of 1.34 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,999.96. The firm has a 50-day moving average of $1,668.56 and a two-hundred day moving average of $1,450.06.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 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 forecast that ASML Holding N.V. will post 36.62 earnings per share for the current 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.