St. Louis Trust Co Takes $1.84 Million Position in ASML Holding N.V. $ASML

St. Louis Trust Co purchased a new stake in ASML Holding N.V. (NASDAQ:ASML) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,720 shares of the semiconductor company’s stock, valued at approximately $1,840,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. North Star Investment Management Corp. increased its stake in ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in ASML in the fourth quarter valued at approximately $32,000. Binnacle Investments Inc increased its stake in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the last quarter. Wealth Watch Advisors INC bought a new position in ASML in the third quarter valued at approximately $34,000. Finally, JPL Wealth Management LLC bought a new position in ASML in the third quarter valued at approximately $34,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Berenberg Bank reissued a “buy” rating on shares of ASML in a research note on Friday, May 8th. Citigroup reissued a “buy” rating on shares of ASML in a research note on Thursday, April 16th. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Finally, Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,504.38.

ASML Stock Performance

NASDAQ ASML opened at $1,632.90 on Friday. The firm’s fifty day moving average price is $1,433.13 and its two-hundred day moving average price is $1,297.67. The stock has a market cap of $642.19 billion, a PE ratio of 58.57, a PEG ratio of 1.34 and a beta of 1.81. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,653.53. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36.

ASML (NASDAQ:ASML) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The firm 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, equities analysts expect that ASML Holding N.V. will post 37.1 EPS for the current fiscal year.

ASML 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.