ASE Technology Holding Co., Ltd. $ASX Shares Purchased by Nomura Holdings Inc.

Key Points

• Nomura Holdings Inc. significantly increased its stake in ASE Technology by 218.9%, acquiring an additional 713,500 shares, bringing its total holdings to over 1 million shares valued at approximately $9.1 million.
• Recent quarterly earnings revealed ASE Technology reported $0.11 EPS, missing estimates by $0.03; however, the firm also increased its annual dividend to $0.359, reflecting a dividend yield of 230%.
• ASE Technology's shares have fluctuated within a one-year range of $6.94 to $11.36, and the company has a market capitalization of $21.89 billion.

Nomura Holdings Inc. raised its position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 218.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,039,500 shares of the semiconductor company's stock after purchasing an additional 713,500 shares during the period. Nomura Holdings Inc.'s holdings in ASE Technology were worth $9,106,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of ASX. Jane Street Group LLC increased its position in shares of ASE Technology by 218.9% in the 1st quarter. Jane Street Group LLC now owns 1,452,919 shares of the semiconductor company's stock valued at $12,728,000 after purchasing an additional 997,259 shares during the last quarter. Vident Advisory LLC grew its position in shares of ASE Technology by 123.6% in the 1st quarter. Vident Advisory LLC now owns 827,348 shares of the semiconductor company's stock valued at $7,248,000 after buying an additional 457,416 shares during the last quarter. Infini Capital Management Ltd purchased a new position in shares of ASE Technology in the 1st quarter valued at $3,952,000. Wellington Management Group LLP purchased a new position in shares of ASE Technology in the 1st quarter valued at $3,112,000. Finally, Squarepoint Ops LLC grew its position in shares of ASE Technology by 112.3% in the 4th quarter. Squarepoint Ops LLC now owns 663,889 shares of the semiconductor company's stock valued at $6,685,000 after buying an additional 351,151 shares during the last quarter. 6.80% of the stock is owned by hedge funds and other institutional investors.

ASE Technology Stock Down 0.2%

Shares of NYSE ASX traded down $0.02 during mid-day trading on Thursday, reaching $10.31. The company had a trading volume of 7,129,474 shares, compared to its average volume of 10,739,188. The company has a current ratio of 1.02, a quick ratio of 0.79 and a debt-to-equity ratio of 0.57. The firm has a 50 day simple moving average of $10.17 and a two-hundred day simple moving average of $9.72. The stock has a market cap of $22.77 billion, a P/E ratio of 21.94, a PEG ratio of 0.55 and a beta of 1.34. ASE Technology Holding Co., Ltd. has a 52-week low of $6.94 and a 52-week high of $11.36.

ASE Technology (NYSE:ASX - Get Free Report) last posted its earnings results on Thursday, July 31st. The semiconductor company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.03). The company had revenue of $5.07 billion during the quarter, compared to analysts' expectations of $150.44 billion. ASE Technology had a net margin of 5.48% and a return on equity of 10.33%. Sell-side analysts predict 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 announced an annual dividend, which was paid on Wednesday, August 6th. Investors of record on Wednesday, July 2nd were given a $0.359 dividend. This is a positive change from ASE Technology's previous annual dividend of $0.32. The ex-dividend date of this dividend was Wednesday, July 2nd. This represents a dividend yield of 230.0%. ASE Technology's payout ratio is 55.32%.

About ASE Technology

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.