Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 324,802 Amkor Technology, Inc. (NASDAQ:AMKR)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 324,802 shares of the semiconductor company's stock, valued at approximately $8,344,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.13% of Amkor Technology at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Forum Financial Management LP increased its position in shares of Amkor Technology by 23.4% in the 4th quarter. Forum Financial Management LP now owns 8,637 shares of the semiconductor company's stock valued at $222,000 after buying an additional 1,639 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Amkor Technology during the 4th quarter worth approximately $1,603,000. CSS LLC IL lifted its stake in Amkor Technology by 9.4% in the 4th quarter. CSS LLC IL now owns 15,340 shares of the semiconductor company's stock valued at $394,000 after purchasing an additional 1,320 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Amkor Technology by 9.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 307,036 shares of the semiconductor company's stock worth $7,888,000 after acquiring an additional 26,146 shares during the period. Finally, Voloridge Investment Management LLC acquired a new stake in Amkor Technology during the fourth quarter worth approximately $4,730,000. 42.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on AMKR shares. B. Riley cut Amkor Technology from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 21st. KeyCorp reiterated a "sector weight" rating on shares of Amkor Technology in a research report on Thursday, April 17th. JPMorgan Chase & Co. dropped their price target on Amkor Technology from $30.00 to $25.00 and set an "overweight" rating on the stock 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 on the stock in a report on Tuesday, April 29th. Finally, Morgan Stanley lowered their target price on shares of Amkor Technology from $24.00 to $19.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 29th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $28.00.

Amkor Technology Price Performance

NASDAQ AMKR traded up $0.20 during trading on Wednesday, hitting $19.07. 1,287,686 shares of the stock traded hands, compared to its average volume of 1,858,622. Amkor Technology, Inc. has a 12-month low of $14.03 and a 12-month high of $44.86. The company has a quick ratio of 1.90, a current ratio of 2.11 and a debt-to-equity ratio of 0.22. The firm has a 50-day simple moving average of $17.67 and a 200-day simple moving average of $21.79. The company has a market capitalization of $4.71 billion, a P/E ratio of 13.34 and a beta of 1.86.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced 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 company had revenue of $1.32 billion for 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 firm earned $0.24 earnings per share. As a group, analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Thursday, June 5th will be paid a $0.0827 dividend. This represents a $0.33 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend is Thursday, June 5th. Amkor Technology's dividend payout ratio is currently 25.78%.

Amkor Technology Company 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.