Knights of Columbus Asset Advisors LLC Makes New $4.29 Million Investment in Amkor Technology, Inc. (NASDAQ:AMKR)

Knights of Columbus Asset Advisors LLC acquired a new position in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 128,832 shares of the semiconductor company's stock, valued at approximately $4,286,000. Knights of Columbus Asset Advisors LLC owned approximately 0.05% of Amkor Technology as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of AMKR. Trexquant Investment LP acquired a new position in shares of Amkor Technology during the third quarter worth $1,142,000. Invesco Ltd. increased its position in shares of Amkor Technology by 12.3% during the third quarter. Invesco Ltd. now owns 1,318,158 shares of the semiconductor company's stock worth $29,790,000 after purchasing an additional 144,280 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of Amkor Technology during the third quarter worth $4,280,000. Vanguard Group Inc. increased its position in shares of Amkor Technology by 10.4% during the third quarter. Vanguard Group Inc. now owns 13,797,154 shares of the semiconductor company's stock worth $311,816,000 after purchasing an additional 1,300,745 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of Amkor Technology during the third quarter worth $1,107,000. Institutional investors own 42.76% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AMKR shares. Fox Advisors started coverage on Amkor Technology in a research report on Thursday, March 14th. They set an "equal weight" rating on the stock. The Goldman Sachs Group initiated coverage on Amkor Technology in a research report on Thursday, February 29th. They set a "neutral" rating and a $32.00 price target on the stock. Finally, Needham & Company LLC initiated coverage on shares of Amkor Technology in a report on Tuesday, April 9th. They set a "buy" rating and a $40.00 price objective on the stock. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $34.33.

Insiders Place Their Bets

In other Amkor Technology news, CEO Guillaume Marie Jean Rutten sold 25,000 shares of the stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $30.63, for a total transaction of $765,750.00. Following the sale, the chief executive officer now directly owns 123,728 shares of the company's stock, valued at approximately $3,789,788.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Guillaume Marie Jean Rutten sold 25,000 shares of the firm's stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $30.63, for a total transaction of $765,750.00. Following the sale, the chief executive officer now directly owns 123,728 shares in the company, valued at approximately $3,789,788.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Megan Faust sold 2,800 shares of the firm's stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $31.09, for a total value of $87,052.00. Following the sale, the chief financial officer now owns 53,023 shares in the company, valued at $1,648,485.07. The disclosure for this sale can be found here. In the last three months, insiders have sold 80,500 shares of company stock valued at $2,494,720. Company insiders own 53.30% of the company's stock.

Amkor Technology Stock Performance

Shares of AMKR traded down $0.47 during trading hours on Friday, reaching $28.50. 1,225,392 shares of the company traded hands, compared to its average volume of 807,691. Amkor Technology, Inc. has a 12-month low of $17.58 and a 12-month high of $37.00. The company has a quick ratio of 2.02, a current ratio of 2.31 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $7.01 billion, a P/E ratio of 19.52 and a beta of 1.96. The business has a fifty day moving average price of $31.64 and a 200-day moving average price of $29.38.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced its quarterly earnings results on Monday, February 12th. The semiconductor company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.07. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.68 billion. Amkor Technology had a return on equity of 9.37% and a net margin of 5.53%. The firm's revenue for the quarter was down 8.1% compared to the same quarter last year. During the same period last year, the firm earned $0.67 EPS. Equities analysts anticipate that Amkor Technology, Inc. will post 1.63 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Tuesday, March 12th were given a dividend of $0.079 per share. This represents a $0.32 annualized dividend and a yield of 1.11%. The ex-dividend date was Monday, March 11th. Amkor Technology's dividend payout ratio is currently 21.23%.

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.