Resonant Capital Advisors LLC Purchases 477 Shares of ASML Holding N.V. (NASDAQ:ASML)

Resonant Capital Advisors LLC increased its position in ASML Holding N.V. (NASDAQ:ASML) by 132.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 837 shares of the semiconductor company’s stock after buying an additional 477 shares during the quarter. Resonant Capital Advisors LLC’s holdings in ASML were worth $555,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ASML. Sfmg LLC raised its stake in shares of ASML by 3.0% during the fourth quarter. Sfmg LLC now owns 511 shares of the semiconductor company’s stock valued at $354,000 after acquiring an additional 15 shares during the last quarter. Norinchukin Bank The increased its holdings in ASML by 1.8% during the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company’s stock valued at $594,000 after purchasing an additional 15 shares during the period. Coppell Advisory Solutions LLC raised its position in ASML by 18.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company’s stock valued at $67,000 after purchasing an additional 15 shares during the last quarter. Ethos Financial Group LLC lifted its holdings in ASML by 5.6% in the 4th quarter. Ethos Financial Group LLC now owns 302 shares of the semiconductor company’s stock worth $209,000 after buying an additional 16 shares during the period. Finally, Nilsine Partners LLC lifted its holdings in ASML by 2.6% in the 1st quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company’s stock worth $418,000 after buying an additional 16 shares during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Down 0.7%

NASDAQ:ASML opened at $794.20 on Friday. The firm has a market capitalization of $312.45 billion, a P/E ratio of 33.47, a PEG ratio of 1.67 and a beta of 1.73. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The company’s 50-day simple moving average is $747.21 and its 200 day simple moving average is $722.31.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. ASML had a return on equity of 51.82% and a net margin of 28.32%. The firm had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $7.90 billion. As a group, analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Susquehanna decreased their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a report on Thursday, April 17th. Wells Fargo & Company decreased their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Sanford C. Bernstein initiated coverage on shares of ASML in a research note on Tuesday, June 17th. They set a “market perform” rating and a $806.00 target price on the stock. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Monday, May 19th. Finally, Barclays restated an “equal weight” rating on shares of ASML in a report on Tuesday, June 3rd. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $913.80.

ASML Company 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.