Sanibel Captiva Trust Company Inc. Buys 11,830 Shares of ASML Holding (NASDAQ:ASML)

Sanibel Captiva Trust Company Inc. lifted its position in ASML Holding (NASDAQ:ASML - Free Report) by 183.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,285 shares of the semiconductor company's stock after buying an additional 11,830 shares during the period. Sanibel Captiva Trust Company Inc.'s holdings in ASML were worth $12,673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Armstrong Advisory Group Inc. boosted its stake in shares of ASML by 24.5% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company's stock worth $51,000 after acquiring an additional 12 shares during the last quarter. Matrix Private Capital Group LLC lifted its position in ASML by 5.5% during the second quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company's stock valued at $254,000 after purchasing an additional 13 shares in the last quarter. Bruce G. Allen Investments LLC lifted its position in ASML by 21.2% during the third quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company's stock valued at $67,000 after purchasing an additional 14 shares in the last quarter. Fortitude Family Office LLC grew its holdings in ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company's stock valued at $39,000 after purchasing an additional 15 shares during the period. Finally, Farther Finance Advisors LLC increased its position in ASML by 1.7% in the third quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company's stock worth $768,000 after buying an additional 15 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Berenberg Bank upgraded shares of ASML to a "strong-buy" rating in a research report on Wednesday, October 2nd. Susquehanna decreased 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 research report on Friday, October 11th. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 target price for the company. Finally, Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a report on Friday, November 29th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, ASML presently has an average rating of "Moderate Buy" and a consensus target price of $955.50.

ASML Price Performance

Shares of NASDAQ:ASML traded up $6.05 during mid-day trading on Friday, reaching $756.33. The stock had a trading volume of 1,932,491 shares, compared to its average volume of 1,230,726. The company has a market cap of $297.56 billion, a P/E ratio of 39.60, a price-to-earnings-growth ratio of 2.30 and a beta of 1.47. The business's 50 day moving average price is $706.71 and its 200 day moving average price is $799.04. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data 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. ASML had a return on equity of 47.61% and a net margin of 26.40%. The business had revenue of $8.21 billion for the quarter, compared to analysts' expectations of $7.66 billion. Research analysts expect that ASML Holding will post 20.57 EPS for the current fiscal year.

ASML 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.