Resonant Capital Advisors LLC Sells 109 Shares of ASML Holding (NASDAQ:ASML)

Resonant Capital Advisors LLC lessened its holdings in shares of ASML Holding (NASDAQ:ASML) by 23.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 360 shares of the semiconductor company’s stock after selling 109 shares during the quarter. Resonant Capital Advisors LLC’s holdings in ASML were worth $250,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Carnegie Investment Counsel increased its stake in ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after purchasing an additional 868 shares during the period. Central Pacific Bank Trust Division purchased a new position in ASML in the 4th quarter worth approximately $1,174,000. Taurus Asset Management LLC purchased a new position in ASML in the 3rd quarter worth approximately $16,994,000. State Street Corp grew its position in shares of ASML by 5.2% in the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock worth $117,323,000 after buying an additional 7,010 shares during the last quarter. Finally, Stockman Wealth Management Inc. grew its position in shares of ASML by 7.2% in the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company’s stock worth $12,800,000 after buying an additional 1,032 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Trading Down 1.1 %

ASML stock opened at $731.05 on Tuesday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The business’s fifty day simple moving average is $719.37 and its two-hundred day simple moving average is $772.37. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a market capitalization of $287.61 billion, a price-to-earnings ratio of 35.15, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities analysts predict that ASML Holding will post 25.31 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Tuesday, February 11th. ASML’s payout ratio is 25.91%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ASML shares. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. JPMorgan Chase & Co. cut their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $937.00.

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.