Posted by admin on Aug 15th, 2022

Advisor Group Holdings Inc. lifted its position in ASE Technology Holding Co., Ltd. (NYSE:ASX – Get Rating) by 18.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 356,596 shares of the semiconductor company’s stock after buying an additional 55,649 shares during the quarter. Advisor Group Holdings Inc.’s holdings in ASE Technology were worth $2,522,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Fieldpoint Private Securities LLC grew its position in ASE Technology by 137.7% during the first quarter. Fieldpoint Private Securities LLC now owns 6,239 shares of the semiconductor company’s stock valued at $44,000 after acquiring an additional 3,614 shares during the last quarter. Ieq Capital LLC bought a new position in shares of ASE Technology in the first quarter worth approximately $81,000. Ascent Group LLC bought a new position in shares of ASE Technology in the fourth quarter worth approximately $86,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of ASE Technology in the fourth quarter worth approximately $97,000. Finally, Endowment Wealth Management Inc. bought a new position in shares of ASE Technology in the fourth quarter worth approximately $98,000. 6.48% of the stock is owned by hedge funds and other institutional investors.

Separately, StockNews.com upgraded shares of ASE Technology from a “hold” rating to a “buy” rating in a report on Saturday, April 23rd.

NYSE:ASX opened at $6.40 on Monday. The stock has a market cap of $14.04 billion, a P/E ratio of 5.38, a price-to-earnings-growth ratio of 0.30 and a beta of 1.13. The firm’s fifty day simple moving average is $5.94 and its 200 day simple moving average is $6.62. ASE Technology Holding Co., Ltd. has a twelve month low of $4.88 and a twelve month high of $9.40. The company has a quick ratio of 0.83, a current ratio of 1.18 and a debt-to-equity ratio of 0.50.

The business also recently declared an annual dividend, which was paid on Thursday, August 4th. Investors of record on Thursday, June 30th were issued a $0.4794 dividend. The ex-dividend date of this dividend was Wednesday, June 29th. This represents a yield of 8%. This is a boost from ASE Technology’s previous annual dividend of $0.30. ASE Technology’s payout ratio is 29.41%.

ASE Technology Holding Co, Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It offers packaging services, including flip chip ball grid array (BGA) and chip scale package (CSP), advanced chip scale packages, quad flat packages, low profile and thin quad flat packages, bump chip carrier and quad flat no-lead (QFN) packages, advanced QFN packages, plastic BGAs, and 3D chip packages; stacked die solutions in various packages; and copper and silver wire bonding solutions.

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