451,109 Shares in ASE Technology Holding Co., Ltd. (NYSE:ASX) Bought by Infini Capital Management Ltd

Infini Capital Management Ltd acquired a new position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 451,109 shares of the semiconductor company's stock, valued at approximately $3,952,000. ASE Technology accounts for about 4.0% of Infini Capital Management Ltd's holdings, making the stock its 5th largest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in ASE Technology by 36.1% in the 4th quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company's stock valued at $48,958,000 after purchasing an additional 1,290,605 shares during the period. Cullen Capital Management LLC boosted its holdings in ASE Technology by 0.3% in the 4th quarter. Cullen Capital Management LLC now owns 4,424,100 shares of the semiconductor company's stock valued at $44,551,000 after purchasing an additional 14,831 shares during the period. Schroder Investment Management Group boosted its holdings in ASE Technology by 0.3% in the 4th quarter. Schroder Investment Management Group now owns 4,371,391 shares of the semiconductor company's stock valued at $44,370,000 after purchasing an additional 12,767 shares during the period. Barclays PLC lifted its holdings in shares of ASE Technology by 24.6% during the 4th quarter. Barclays PLC now owns 3,094,383 shares of the semiconductor company's stock worth $31,160,000 after acquiring an additional 611,751 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of ASE Technology by 7.0% during the 4th quarter. American Century Companies Inc. now owns 2,398,141 shares of the semiconductor company's stock worth $24,149,000 after acquiring an additional 157,177 shares during the last quarter. 6.80% of the stock is owned by institutional investors.

ASE Technology Price Performance

Shares of NYSE ASX traded up $0.01 during mid-day trading on Thursday, reaching $10.37. 7,008,501 shares of the company were exchanged, compared to its average volume of 10,037,330. ASE Technology Holding Co., Ltd. has a 52 week low of $6.94 and a 52 week high of $12.86. The company has a quick ratio of 0.82, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $22.88 billion, a PE ratio of 22.05, a PEG ratio of 0.54 and a beta of 1.24. The company's 50 day moving average price is $9.92 and its 200 day moving average price is $9.79.

ASE Technology (NYSE:ASX - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). ASE Technology had a return on equity of 10.35% and a net margin of 5.62%. The company had revenue of $4.59 billion for the quarter, compared to the consensus estimate of $143.62 billion. Sell-side analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

ASE Technology Increases Dividend

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