American Century Companies Inc. Acquires 157,177 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

American Century Companies Inc. lifted its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 7.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,398,141 shares of the semiconductor company’s stock after purchasing an additional 157,177 shares during the quarter. American Century Companies Inc. owned about 0.11% of ASE Technology worth $24,149,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in ASX. Fisher Asset Management LLC boosted its holdings in ASE Technology by 3.3% in the fourth quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company’s stock worth $157,843,000 after acquiring an additional 507,008 shares in the last quarter. JPMorgan Chase & Co. grew its position in ASE Technology by 103.8% during the 3rd 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 during the last quarter. TT International Asset Management LTD increased its stake in ASE Technology by 14.8% during the 3rd 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. NINE MASTS CAPITAL Ltd raised its holdings in ASE Technology by 17.3% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,162,852 shares of the semiconductor company’s stock worth $11,710,000 after buying an additional 171,463 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of ASE Technology by 9.3% in the fourth quarter. Rhumbline Advisers now owns 805,764 shares of the semiconductor company’s stock worth $8,114,000 after buying an additional 68,654 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 ASX opened at $8.81 on Friday. The company has a market capitalization of $19.44 billion, a P/E ratio of 19.57, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a twelve month low of $8.10 and a twelve 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 50 day moving average of $10.16 and a 200 day moving average of $10.07.

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 the consensus estimate of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. As a group, equities research analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share 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.