US Bancorp DE Has $1.83 Million Stock Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

US Bancorp DE decreased its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 53.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 181,307 shares of the semiconductor company's stock after selling 211,940 shares during the period. US Bancorp DE's holdings in ASE Technology were worth $1,826,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in shares of ASE Technology by 3.3% during the fourth quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company's stock worth $157,843,000 after purchasing an additional 507,008 shares during the last quarter. Citigroup Inc. grew its holdings in ASE Technology by 9.7% during the 3rd quarter. Citigroup Inc. now owns 4,323,059 shares of the semiconductor company's stock worth $42,193,000 after acquiring an additional 382,425 shares during the last quarter. JPMorgan Chase & Co. increased its position in ASE Technology by 103.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company's stock valued at $34,855,000 after acquiring an additional 1,818,753 shares during the period. TT International Asset Management LTD raised its stake in shares of ASE Technology by 14.8% during the third quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company's stock valued at $20,140,000 after acquiring an additional 265,767 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of ASE Technology by 9.3% during the fourth quarter. Rhumbline Advisers now owns 805,764 shares of the semiconductor company's stock worth $8,114,000 after purchasing an additional 68,654 shares during the period. Institutional investors and hedge funds own 6.80% of the company's stock.

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ASE Technology Trading Down 2.8 %

NYSE:ASX traded down $0.29 during trading hours on Monday, hitting $9.77. 519,126 shares of the company were exchanged, compared to its average volume of 7,563,062. The stock has a market capitalization of $21.56 billion, a price-to-earnings ratio of 21.70, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. The company has a fifty day simple moving average of $10.40 and a 200 day simple moving average of $10.07. The company has a current ratio of 1.19, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40. ASE Technology Holding Co., Ltd. has a one year low of $8.10 and a one year high of $12.86.

ASE Technology (NYSE:ASX - Get Free Report) last released its quarterly earnings results 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 return on equity of 9.86% and a net margin of 5.44%. Sell-side 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.