HighTower Advisors LLC Has $347,000 Stake in ASE Technology Holding Co., Ltd. (NYSE:ASX)

HighTower Advisors LLC boosted its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 14.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,445 shares of the semiconductor company’s stock after buying an additional 4,377 shares during the period. HighTower Advisors LLC’s holdings in ASE Technology were worth $347,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC increased its stake in ASE Technology by 166.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 2,307 shares during the period. Allworth Financial LP grew its stake in shares of ASE Technology by 42.5% in the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 1,104 shares during the period. R Squared Ltd acquired a new position in shares of ASE Technology in the 4th quarter worth approximately $51,000. Wilmington Savings Fund Society FSB bought a new position in shares of ASE Technology during the 3rd quarter worth approximately $77,000. Finally, Whipplewood Advisors LLC acquired a new stake in ASE Technology in the 4th quarter valued at $93,000. Institutional investors own 6.80% of the company’s stock.

ASE Technology Stock Performance

ASE Technology stock opened at $8.99 on Wednesday. ASE Technology Holding Co., Ltd. has a 52-week low of $8.10 and a 52-week high of $12.86. 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 stock has a fifty day moving average price of $10.09 and a two-hundred day moving average price of $10.06. The firm has a market capitalization of $19.83 billion, a P/E ratio of 19.97, a P/E/G ratio of 0.47 and a beta of 1.21.

ASE Technology (NYSE:ASX) last announced 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 net margin of 5.44% and a return on equity of 9.86%. As a group, analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current fiscal year.

ASE Technology 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.