Jane Street Group LLC raised its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 218.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,452,919 shares of the semiconductor company's stock after buying an additional 997,259 shares during the period. Jane Street Group LLC owned about 0.07% of ASE Technology worth $12,728,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Golden State Wealth Management LLC boosted its position in shares of ASE Technology by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 3,590 shares of the semiconductor company's stock valued at $31,000 after buying an additional 1,795 shares during the period. TT International Asset Management LTD purchased a new position in shares of ASE Technology during the first quarter valued at approximately $39,000. Brooklyn Investment Group boosted its position in shares of ASE Technology by 1,084.2% during the first quarter. Brooklyn Investment Group now owns 7,650 shares of the semiconductor company's stock valued at $67,000 after buying an additional 7,004 shares during the period. SVB Wealth LLC purchased a new position in shares of ASE Technology during the first quarter valued at approximately $68,000. Finally, Canopy Partners LLC purchased a new position in shares of ASE Technology during the first quarter valued at approximately $91,000. Hedge funds and other institutional investors own 6.80% of the company's stock.
ASE Technology Stock Down 0.6%
Shares of NYSE:ASX opened at $9.92 on Friday. ASE Technology Holding Co., Ltd. has a 1 year low of $6.94 and a 1 year high of $11.36. The business has a 50 day simple moving average of $10.19 and a two-hundred day simple moving average of $9.73. The firm has a market capitalization of $21.89 billion, a PE ratio of 21.10, a price-to-earnings-growth ratio of 0.55 and a beta of 1.22. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.02 and a quick ratio of 0.79.
ASE Technology (NYSE:ASX - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.03). ASE Technology had a net margin of 5.48% and a return on equity of 10.33%. The company had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $150.44 billion. On average, equities analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current year.
ASE Technology Increases Dividend
The business also recently declared an annual dividend, which was paid on Wednesday, August 6th. Stockholders of record on Wednesday, July 2nd were paid a dividend of $0.359 per share. This is a boost from ASE Technology's previous annual dividend of $0.32. This represents a dividend yield of 230.0%. The ex-dividend date of this dividend was Wednesday, July 2nd. ASE Technology's payout ratio is presently 55.32%.
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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