National Bank of Canada FI Takes $4.88 Million Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

National Bank of Canada FI bought a new position in ASE Technology Holding Co., Ltd. (NYSE:ASX) during the fourth quarter, Holdings Channel reports. The fund bought 484,199 shares of the semiconductor company’s stock, valued at approximately $4,876,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Fisher Asset Management LLC increased its stake in ASE Technology by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company’s stock worth $157,843,000 after purchasing an additional 507,008 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of ASE Technology by 36.1% in the fourth quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company’s stock worth $48,958,000 after acquiring an additional 1,290,605 shares in the last quarter. Schroder Investment Management Group raised its holdings in shares of ASE Technology by 0.3% during the fourth quarter. Schroder Investment Management Group now owns 4,371,391 shares of the semiconductor company’s stock valued at $44,370,000 after acquiring an additional 12,767 shares during the period. American Century Companies Inc. lifted its position in shares of ASE Technology by 7.0% in the 4th quarter. American Century Companies Inc. now owns 2,398,141 shares of the semiconductor company’s stock valued at $24,149,000 after acquiring an additional 157,177 shares in the last quarter. Finally, TT International Asset Management LTD boosted its stake in ASE Technology by 14.8% in the 3rd quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company’s stock worth $20,140,000 after purchasing an additional 265,767 shares during the period. 6.80% of the stock is owned by institutional investors and hedge funds.

ASE Technology Trading Down 6.1 %

NYSE ASX opened at $7.70 on Monday. The firm’s 50 day moving average price is $9.93 and its two-hundred day moving average price is $10.03. The stock has a market cap of $17.00 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a twelve month low of $7.05 and a twelve month high of $12.86. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19.

ASE Technology (NYSE:ASX) last posted its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.03). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. Equities analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current year.

ASE Technology Profile

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.