Capula Management Ltd Raises Stock Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Capula Management Ltd raised its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 117.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,197,070 shares of the semiconductor company's stock after purchasing an additional 1,188,410 shares during the quarter. ASE Technology accounts for 0.1% of Capula Management Ltd's investment portfolio, making the stock its 13th largest position. Capula Management Ltd owned approximately 0.10% of ASE Technology worth $22,124,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. raised its holdings in shares of ASE Technology by 36.1% in the 4th quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company's stock worth $48,958,000 after purchasing an additional 1,290,605 shares during the period. TT International Asset Management LTD raised its stake in shares of ASE Technology by 14.8% in 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 buying an additional 265,767 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of ASE Technology during the 4th quarter valued at $710,000. Y Intercept Hong Kong Ltd lifted its position in shares of ASE Technology by 28.8% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 149,965 shares of the semiconductor company's stock valued at $1,510,000 after buying an additional 33,542 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in shares of ASE Technology by 9.3% during the 4th quarter. Rhumbline Advisers now owns 805,764 shares of the semiconductor company's stock worth $8,114,000 after acquiring an additional 68,654 shares during the period. 6.80% of the stock is currently owned by institutional investors.

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ASE Technology Stock Performance

NYSE ASX traded up $0.45 during trading on Friday, hitting $8.31. 13,718,008 shares of the company's stock traded hands, compared to its average volume of 8,402,870. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19. The stock has a market capitalization of $18.34 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a 12-month low of $6.94 and a 12-month high of $12.86. The business has a 50 day moving average of $9.65 and a 200-day moving average of $9.92.

ASE Technology (NYSE:ASX - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 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%. 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.

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.