Schroder Investment Management Group Grows Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Schroder Investment Management Group grew its position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,371,391 shares of the semiconductor company’s stock after purchasing an additional 12,767 shares during the quarter. Schroder Investment Management Group owned approximately 0.20% of ASE Technology worth $44,370,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in ASX. Orion Portfolio Solutions LLC increased its holdings in ASE Technology by 33.0% in the fourth quarter. Orion Portfolio Solutions LLC now owns 185,028 shares of the semiconductor company’s stock valued at $1,863,000 after buying an additional 45,883 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of ASE Technology by 36.1% in the 4th quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company’s stock valued at $48,958,000 after purchasing an additional 1,290,605 shares in the last quarter. TIAA Trust National Association raised its holdings in ASE Technology by 7.6% in the 4th quarter. TIAA Trust National Association now owns 14,846 shares of the semiconductor company’s stock worth $149,000 after purchasing an additional 1,054 shares during the period. Congress Wealth Management LLC DE acquired a new stake in ASE Technology in the fourth quarter valued at approximately $263,000. Finally, Sei Investments Co. increased its position in shares of ASE Technology by 0.3% in the fourth quarter. Sei Investments Co. now owns 486,170 shares of the semiconductor company’s stock valued at $4,896,000 after buying an additional 1,629 shares in the last quarter. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Trading Up 2.6 %

Shares of ASX stock opened at $8.99 on Wednesday. The stock has a 50 day simple moving average of $10.09 and a 200-day simple moving average of $10.06. ASE Technology Holding Co., Ltd. has a 1-year low of $8.10 and a 1-year high of $12.86. The company has a market cap of $19.83 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 0.47 and a beta of 1.21. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.19 and a quick ratio of 0.93.

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

ASE Technology Company Profile

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.