Resonant Capital Advisors LLC boosted its holdings in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 132.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Putney Financial Group LLC raised its holdings in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 29 shares during the period. Wellington Shields & Co. LLC grew its position in shares of ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. Pinnacle Bancorp Inc. bought a new position in shares of ASML during the first quarter worth approximately $42,000. Alpine Bank Wealth Management acquired a new stake in ASML during the 1st quarter worth approximately $43,000. Finally, Investment Management Corp VA ADV bought a new stake in ASML in the 4th quarter valued at $46,000. Institutional investors own 26.07% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. Susquehanna dropped 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. Barclays reissued an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Sanford C. Bernstein initiated coverage on shares of ASML in a research report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target for the company. Finally, Wells Fargo & Company reduced their price target on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and a consensus price target of $913.80.
Get Our Latest Stock Report on ASML
ASML Price Performance
ASML traded down $5.40 during trading on Friday, hitting $794.20. 910,715 shares of the stock traded hands, compared to its average volume of 1,707,147. The business has a 50 day moving average price of $747.21 and a 200 day moving average price of $722.31. The company has a market cap of $312.45 billion, a price-to-earnings ratio of 33.47, a PEG ratio of 1.67 and a beta of 1.73. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,110.09. 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 (NASDAQ:ASML - Get Free Report) last posted 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 company had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. Equities research analysts forecast that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.
About ASML
(
Free Report)
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.
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