Blue Trust Inc. boosted its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX – Free Report) by 43.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 38,166 shares of the semiconductor company’s stock after buying an additional 11,556 shares during the quarter. Blue Trust Inc.’s holdings in ASE Technology were worth $359,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. raised its position in ASE Technology by 8.0% during the 3rd quarter. American Century Companies Inc. now owns 1,518,089 shares of the semiconductor company’s stock worth $11,416,000 after buying an additional 112,814 shares during the last quarter. Envestnet Asset Management Inc. raised its position in ASE Technology by 37.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,966,914 shares of the semiconductor company’s stock worth $22,311,000 after buying an additional 801,771 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in ASE Technology during the 3rd quarter worth approximately $395,000. Barclays PLC raised its position in ASE Technology by 215.4% during the 2nd quarter. Barclays PLC now owns 1,879,638 shares of the semiconductor company’s stock worth $14,642,000 after buying an additional 1,283,718 shares during the last quarter. Finally, Acadian Asset Management LLC raised its position in ASE Technology by 16.5% during the 3rd quarter. Acadian Asset Management LLC now owns 6,549,328 shares of the semiconductor company’s stock worth $49,238,000 after buying an additional 927,795 shares during the last quarter. 6.80% of the stock is owned by hedge funds and other institutional investors.
ASE Technology Stock Performance
ASX opened at $10.99 on Friday. ASE Technology Holding Co., Ltd. has a 12-month low of $6.70 and a 12-month high of $11.68. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $24.00 billion, a PE ratio of 23.38, a P/E/G ratio of 0.57 and a beta of 1.24. The firm has a 50 day moving average of $10.09 and a two-hundred day moving average of $8.92.
ASE Technology (NYSE:ASX – Get Free Report) last posted its earnings results on Wednesday, January 31st. The semiconductor company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. The firm had revenue of $5.05 billion during the quarter. ASE Technology had a net margin of 5.44% and a return on equity of 10.31%. During the same period last year, the firm earned $0.23 earnings per share. On average, analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.67 EPS for the current year.
ASE Technology Company Profile
(Free Report)
ASE Technology Holding Co, Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology.
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