Victory Capital Management Inc. Grows Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Victory Capital Management Inc. boosted its position in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 68.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 192,916 shares of the semiconductor company’s stock after buying an additional 78,251 shares during the quarter. Victory Capital Management Inc.’s holdings in ASE Technology were worth $1,943,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. OneDigital Investment Advisors LLC increased its stake in shares of ASE Technology by 16.5% during the third quarter. OneDigital Investment Advisors LLC now owns 17,193 shares of the semiconductor company’s stock valued at $168,000 after purchasing an additional 2,431 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of ASE Technology by 9.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 132,583 shares of the semiconductor company’s stock worth $1,294,000 after buying an additional 11,063 shares during the last quarter. Caprock Group LLC increased its position in ASE Technology by 5.9% during the 3rd quarter. Caprock Group LLC now owns 91,688 shares of the semiconductor company’s stock valued at $895,000 after buying an additional 5,074 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in ASE Technology by 7.2% during the third quarter. PNC Financial Services Group Inc. now owns 133,294 shares of the semiconductor company’s stock valued at $1,301,000 after buying an additional 8,980 shares during the last quarter. Finally, West Family Investments Inc. boosted its holdings in ASE Technology by 106.4% in the third quarter. West Family Investments Inc. now owns 43,386 shares of the semiconductor company’s stock worth $423,000 after acquiring an additional 22,370 shares in the last quarter. 6.80% of the stock is currently owned by institutional investors.

ASE Technology Price Performance

Shares of NYSE:ASX opened at $9.76 on Tuesday. The business has a fifty day moving average price of $10.33 and a 200-day moving average price of $10.06. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.19 and a quick ratio of 0.93. The company has a market capitalization of $21.55 billion, a PE ratio of 21.70, a PEG ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a 1-year low of $8.10 and a 1-year high of $12.86.

ASE Technology (NYSE:ASX) last released its quarterly earnings data 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 net margin of 5.44% and a return on equity of 9.86%. As a group, equities 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.