Yousif Capital Management LLC Sells 1,693 Shares of Amkor Technology, Inc. (NASDAQ:AMKR)

Yousif Capital Management LLC decreased its stake in Amkor Technology, Inc. (NASDAQ:AMKR) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,366 shares of the semiconductor company’s stock after selling 1,693 shares during the period. Yousif Capital Management LLC’s holdings in Amkor Technology were worth $1,011,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Highland Capital Management LLC lifted its stake in Amkor Technology by 6.6% in the 4th quarter. Highland Capital Management LLC now owns 7,814 shares of the semiconductor company’s stock valued at $201,000 after purchasing an additional 482 shares during the last quarter. KBC Group NV lifted its stake in Amkor Technology by 1.8% in the 4th quarter. KBC Group NV now owns 103,870 shares of the semiconductor company’s stock valued at $2,668,000 after purchasing an additional 1,855 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Amkor Technology by 36.9% during the fourth quarter. Blue Trust Inc. now owns 3,418 shares of the semiconductor company’s stock valued at $88,000 after acquiring an additional 922 shares during the last quarter. Inspire Investing LLC raised its stake in shares of Amkor Technology by 16.0% during the fourth quarter. Inspire Investing LLC now owns 15,642 shares of the semiconductor company’s stock valued at $402,000 after acquiring an additional 2,163 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Amkor Technology by 4.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 33,925 shares of the semiconductor company’s stock valued at $872,000 after acquiring an additional 1,456 shares during the last quarter. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Trading Up 1.4 %

AMKR opened at $22.51 on Friday. The company has a quick ratio of 1.84, a current ratio of 2.06 and a debt-to-equity ratio of 0.21. The stock has a market cap of $5.55 billion, a PE ratio of 15.21 and a beta of 1.81. The company has a fifty day moving average of $25.38 and a 200-day moving average of $28.01. Amkor Technology, Inc. has a twelve month low of $21.46 and a twelve month high of $44.86.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.06. Amkor Technology had a net margin of 5.68% and a return on equity of 8.98%. On average, sell-side analysts predict that Amkor Technology, Inc. will post 1.38 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AMKR shares. KeyCorp dropped their price target on shares of Amkor Technology from $38.00 to $34.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Needham & Company LLC reaffirmed a “buy” rating and set a $34.00 price target on shares of Amkor Technology in a research note on Tuesday. StockNews.com downgraded shares of Amkor Technology from a “buy” rating to a “hold” rating in a research note on Tuesday, October 29th. B. Riley dropped their price target on shares of Amkor Technology from $38.00 to $32.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Amkor Technology from $42.00 to $30.00 and set an “overweight” rating for the company in a research report on Tuesday. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $31.50.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.