Resurgent Financial Advisors LLC Sells 53 Shares of ASML Holding (NASDAQ:ASML)

Resurgent Financial Advisors LLC lessened its holdings in ASML Holding (NASDAQ:ASML) by 10.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 468 shares of the semiconductor company’s stock after selling 53 shares during the period. Resurgent Financial Advisors LLC’s holdings in ASML were worth $324,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ASML. Steigerwald Gordon & Koch Inc. increased its position in ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after acquiring an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its holdings in shares of ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock worth $2,223,000 after acquiring an additional 14 shares during the last quarter. Trust Point Inc. boosted its stake in shares of ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after purchasing an additional 14 shares during the period. Sunpointe LLC grew its holdings in ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after purchasing an additional 14 shares during the last quarter. Finally, Wealth Quarterback LLC raised its position in ASML by 1.1% in the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock worth $923,000 after purchasing an additional 15 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. reduced their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $937.00.

ASML Stock Up 1.5 %

Shares of NASDAQ:ASML opened at $683.16 on Wednesday. The business’s 50 day moving average is $703.70 and its 200 day moving average is $716.63. The stock has a market cap of $268.77 billion, a P/E ratio of 32.84, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. Sell-side analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML’s dividend payout ratio (DPR) is 31.35%.

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.