ASE Technology Holding Co., Ltd. (NYSE:ASX) Stake Increased by PDS Planning Inc

PDS Planning Inc grew its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 10.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 38,836 shares of the semiconductor company’s stock after purchasing an additional 3,688 shares during the period. PDS Planning Inc’s holdings in ASE Technology were worth $391,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of ASX. JPMorgan Chase & Co. lifted its holdings in shares of ASE Technology by 103.8% in the third quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company’s stock valued at $34,855,000 after purchasing an additional 1,818,753 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of ASE Technology by 10.8% in the third quarter. Fisher Asset Management LLC now owns 15,167,615 shares of the semiconductor company’s stock valued at $148,036,000 after purchasing an additional 1,481,424 shares in the last quarter. Citigroup Inc. lifted its holdings in shares of ASE Technology by 9.7% in the third quarter. Citigroup Inc. now owns 4,323,059 shares of the semiconductor company’s stock valued at $42,193,000 after purchasing an additional 382,425 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of ASE Technology in the fourth quarter valued at $3,288,000. Finally, TT International Asset Management LTD lifted its holdings in shares of ASE Technology by 14.8% in the third quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company’s stock valued at $20,140,000 after purchasing an additional 265,767 shares in the last quarter. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Price Performance

ASX opened at $9.75 on Wednesday. ASE Technology Holding Co., Ltd. has a 12-month low of $8.10 and a 12-month high of $12.86. The company has a quick ratio of 0.93, a current ratio of 1.19 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $21.53 billion, a P/E ratio of 21.68, a PEG ratio of 0.47 and a beta of 1.21. The stock has a fifty day moving average of $10.31 and a 200-day moving average of $10.06.

ASE Technology (NYSE:ASX) last posted its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. Equities analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current fiscal year.

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.