Crossmark Global Holdings Inc. Grows Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Crossmark Global Holdings Inc. grew its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 1.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,569,296 shares of the semiconductor company's stock after buying an additional 25,182 shares during the period. Crossmark Global Holdings Inc. owned 0.07% of ASE Technology worth $13,747,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Golden State Wealth Management LLC grew its position in shares of ASE Technology by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 3,590 shares of the semiconductor company's stock valued at $31,000 after purchasing an additional 1,795 shares during the period. Steward Partners Investment Advisory LLC grew its position in shares of ASE Technology by 166.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 2,307 shares during the period. TT International Asset Management LTD purchased a new stake in shares of ASE Technology in the first quarter valued at $39,000. GeoWealth Management LLC grew its position in shares of ASE Technology by 75.3% in the fourth quarter. GeoWealth Management LLC now owns 10,071 shares of the semiconductor company's stock valued at $101,000 after purchasing an additional 4,327 shares during the period. Finally, Xponance Inc. purchased a new stake in shares of ASE Technology in the fourth quarter valued at $103,000. Hedge funds and other institutional investors own 6.80% of the company's stock.

ASE Technology Price Performance

Shares of ASE Technology stock opened at $10.37 on Monday. ASE Technology Holding Co., Ltd. has a twelve month low of $6.94 and a twelve month high of $12.86. The stock has a market capitalization of $22.89 billion, a P/E ratio of 22.06, a PEG ratio of 0.55 and a beta of 1.24. The company has a current ratio of 1.04, a quick ratio of 0.82 and a debt-to-equity ratio of 0.44. The business's fifty day moving average price is $9.83 and its 200 day moving average price is $9.78.

ASE Technology (NYSE:ASX - Get Free Report) last issued its earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). ASE Technology had a net margin of 5.62% and a return on equity of 10.35%. The firm had revenue of $4.59 billion during the quarter, compared to analyst estimates of $143.62 billion. As a group, research analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current year.

ASE Technology Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Wednesday, July 2nd will be paid a dividend of $0.359 per share. This represents a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, July 2nd. This is a boost from ASE Technology's previous annual dividend of $0.32. ASE Technology's payout ratio is currently 55.32%.

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.

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