Desjardins Global Asset Management Inc. Has $270,000 Stake in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Desjardins Global Asset Management Inc. decreased its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 10.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,709 shares of the semiconductor company’s stock after selling 3,488 shares during the quarter. Desjardins Global Asset Management Inc.’s holdings in ASE Technology were worth $270,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in ASX. Lazard Asset Management LLC lifted its stake in ASE Technology by 15.9% in the first quarter. Lazard Asset Management LLC now owns 16,191,596 shares of the semiconductor company’s stock valued at $114,796,000 after buying an additional 2,225,409 shares during the period. UBS Group AG lifted its stake in ASE Technology by 16.4% in the third quarter. UBS Group AG now owns 11,456,224 shares of the semiconductor company’s stock valued at $86,151,000 after buying an additional 1,612,295 shares during the period. Goldman Sachs Group Inc. lifted its stake in ASE Technology by 70.2% in the second quarter. Goldman Sachs Group Inc. now owns 2,456,785 shares of the semiconductor company’s stock valued at $19,138,000 after buying an additional 1,013,052 shares during the period. Acadian Asset Management LLC lifted its stake in ASE Technology by 16.5% in the third quarter. Acadian Asset Management LLC now owns 6,549,328 shares of the semiconductor company’s stock valued at $49,238,000 after buying an additional 927,795 shares during the period. Finally, BlackRock Inc. lifted its stake in ASE Technology by 11.8% in the second quarter. BlackRock Inc. now owns 8,226,038 shares of the semiconductor company’s stock valued at $64,081,000 after buying an additional 866,926 shares during the period. Institutional investors and hedge funds own 6.80% of the company’s stock.

ASE Technology Trading Down 2.3 %

NYSE:ASX opened at $10.35 on Friday. ASE Technology Holding Co., Ltd. has a 1-year low of $6.70 and a 1-year high of $11.68. The business’s 50-day moving average price is $10.53 and its two-hundred day moving average price is $9.23. The company has a current ratio of 1.16, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $22.60 billion, a price-to-earnings ratio of 22.02, a PEG ratio of 0.56 and a beta of 1.25.

ASE Technology (NYSE:ASX) last released its quarterly earnings data on Wednesday, January 31st. The semiconductor company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. ASE Technology had a return on equity of 10.29% and a net margin of 5.44%. The business had revenue of $5.05 billion for the quarter. During the same quarter last year, the firm earned $0.23 EPS. On average, equities analysts expect that ASE Technology Holding Co., Ltd. will post 0.67 earnings per share for the current 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.