American Century Companies Inc. Increases Stock Position in ASE Technology Holding Co., Ltd. $ASX

American Century Companies Inc. increased its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 9.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,631,190 shares of the semiconductor company’s stock after acquiring an additional 233,049 shares during the quarter. American Century Companies Inc. owned approximately 0.12% of ASE Technology worth $23,049,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ASX. Raymond James Financial Inc. purchased a new stake in ASE Technology in the 4th quarter worth $1,102,000. First Trust Advisors LP purchased a new stake in ASE Technology in the 4th quarter worth $1,250,000. Dimensional Fund Advisors LP increased its holdings in ASE Technology by 52.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 470,841 shares of the semiconductor company’s stock worth $4,741,000 after acquiring an additional 162,241 shares in the last quarter. Tower Research Capital LLC TRC purchased a new stake in ASE Technology in the 4th quarter worth $426,000. Finally, OneDigital Investment Advisors LLC increased its holdings in ASE Technology by 34.7% in the 4th quarter. OneDigital Investment Advisors LLC now owns 23,156 shares of the semiconductor company’s stock worth $233,000 after acquiring an additional 5,963 shares in the last quarter. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Price Performance

Shares of NYSE ASX opened at $9.8550 on Friday. The firm has a market cap of $21.75 billion, a PE ratio of 20.97, a PEG ratio of 0.55 and a beta of 1.22. The firm has a fifty day moving average of $10.22 and a 200 day moving average of $9.74. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.79 and a current ratio of 1.02. ASE Technology Holding Co., Ltd. has a one year low of $6.94 and a one year high of $11.36.

ASE Technology (NYSE:ASX) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.03). The company had revenue of $5.07 billion during the quarter, compared to analysts’ expectations of $150.44 billion. ASE Technology had a return on equity of 10.33% and a net margin of 5.48%. As a group, research analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current fiscal year.

ASE Technology Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, August 6th. Shareholders of record on Wednesday, July 2nd were issued a $0.359 dividend. This represents a yield of 230.0%. The ex-dividend date was Wednesday, July 2nd. This is an increase from ASE Technology’s previous annual dividend of $0.32. ASE Technology’s payout ratio is 55.32%.

ASE Technology 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.