Nomura Holdings Inc. Takes $387,000 Position in Amkor Technology, Inc. (NASDAQ:AMKR)

Nomura Holdings Inc. acquired a new stake in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 15,054 shares of the semiconductor company's stock, valued at approximately $387,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Highland Capital Management LLC lifted its stake in Amkor Technology by 6.6% in the fourth quarter. Highland Capital Management LLC now owns 7,814 shares of the semiconductor company's stock valued at $201,000 after buying an additional 482 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its stake in shares of Amkor Technology by 0.5% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 90,081 shares of the semiconductor company's stock worth $2,313,000 after purchasing an additional 484 shares during the last quarter. Robotti Robert raised its stake in shares of Amkor Technology by 0.3% during the fourth quarter. Robotti Robert now owns 215,837 shares of the semiconductor company's stock worth $5,545,000 after purchasing an additional 705 shares during the last quarter. New York State Teachers Retirement System raised its stake in shares of Amkor Technology by 2.0% during the fourth quarter. New York State Teachers Retirement System now owns 39,718 shares of the semiconductor company's stock worth $1,020,000 after purchasing an additional 782 shares during the last quarter. Finally, GHP Investment Advisors Inc. raised its stake in shares of Amkor Technology by 0.8% during the fourth quarter. GHP Investment Advisors Inc. now owns 95,786 shares of the semiconductor company's stock worth $2,461,000 after purchasing an additional 785 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Morgan Stanley cut their price target on Amkor Technology from $24.00 to $19.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 29th. Needham & Company LLC cut their price target on Amkor Technology from $34.00 to $22.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. KeyCorp restated a "sector weight" rating on shares of Amkor Technology in a research note on Thursday, April 17th. JPMorgan Chase & Co. cut their price target on Amkor Technology from $30.00 to $25.00 and set an "overweight" rating for the company in a research note on Tuesday, April 29th. Finally, DA Davidson cut their price target on Amkor Technology from $36.00 to $30.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. Seven investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Amkor Technology has an average rating of "Hold" and a consensus target price of $28.00.

Amkor Technology Price Performance

NASDAQ:AMKR traded up $0.63 during trading hours on Tuesday, hitting $18.90. The company's stock had a trading volume of 2,507,652 shares, compared to its average volume of 1,828,947. The business's 50-day moving average is $17.74 and its two-hundred day moving average is $22.08. The company has a market capitalization of $4.67 billion, a PE ratio of 13.22 and a beta of 1.86. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.90 and a current ratio of 2.11. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $44.86.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.09. The firm had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.28 billion. Amkor Technology had a return on equity of 8.59% and a net margin of 5.60%. Amkor Technology's revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.24 earnings per share. As a group, research analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Thursday, June 5th will be given a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Thursday, June 5th. Amkor Technology's dividend payout ratio is currently 25.78%.

Amkor Technology Profile

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.