FARMERS & MERCHANTS TRUST Co OF LONG BEACH Purchases 83 Shares of ASML Holding (NASDAQ:ASML)

FARMERS & MERCHANTS TRUST Co OF LONG BEACH lifted its holdings in ASML Holding (NASDAQ:ASML) by 17.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 558 shares of the semiconductor company’s stock after acquiring an additional 83 shares during the quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in ASML were worth $387,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. DekaBank Deutsche Girozentrale increased its position in shares of ASML by 10.1% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 261 shares of the semiconductor company’s stock valued at $270,000 after purchasing an additional 24 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new stake in ASML during the second quarter worth about $201,000. Blair William & Co. IL raised its position in ASML by 11.8% in the second quarter. Blair William & Co. IL now owns 16,181 shares of the semiconductor company’s stock worth $16,549,000 after acquiring an additional 1,711 shares during the period. Waterloo Capital L.P. purchased a new position in ASML in the second quarter valued at about $323,000. Finally, XTX Topco Ltd bought a new position in shares of ASML during the 2nd quarter valued at approximately $554,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ASML has been the topic of a number of research reports. Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Susquehanna dropped their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Trading Up 0.8 %

Shares of ASML opened at $756.33 on Friday. The business’s 50-day moving average price is $704.98 and its 200-day moving average price is $800.97. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The stock has a market cap of $297.56 billion, a PE ratio of 39.60, a P/E/G ratio of 2.30 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.24 by $0.56. The business had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, equities analysts forecast that ASML Holding will post 20.57 EPS 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.