Amkor Technology, Inc. (NASDAQ:AMKR) Holdings Raised by Ulland Investment Advisors LLC

Ulland Investment Advisors LLC boosted its stake in Amkor Technology, Inc. (NASDAQ:AMKR) by 168.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,190 shares of the semiconductor company’s stock after buying an additional 4,510 shares during the period. Ulland Investment Advisors LLC’s holdings in Amkor Technology were worth $185,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Capital Performance Advisors LLP acquired a new stake in shares of Amkor Technology in the 3rd quarter worth approximately $39,000. Larson Financial Group LLC raised its holdings in Amkor Technology by 46.3% during the third quarter. Larson Financial Group LLC now owns 1,834 shares of the semiconductor company’s stock worth $56,000 after purchasing an additional 580 shares in the last quarter. Quarry LP lifted its position in Amkor Technology by 421.8% in the third quarter. Quarry LP now owns 3,136 shares of the semiconductor company’s stock worth $96,000 after purchasing an additional 2,535 shares during the period. 1620 Investment Advisors Inc. boosted its stake in Amkor Technology by 400.8% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 3,826 shares of the semiconductor company’s stock valued at $117,000 after purchasing an additional 3,062 shares in the last quarter. Finally, West Tower Group LLC increased its position in shares of Amkor Technology by 100.0% during the 3rd quarter. West Tower Group LLC now owns 4,000 shares of the semiconductor company’s stock valued at $122,000 after purchasing an additional 2,000 shares during the period. Institutional investors and hedge funds own 42.76% of the company’s stock.

Analyst Ratings Changes

AMKR has been the subject of several research analyst reports. DA Davidson cut their price objective on Amkor Technology from $40.00 to $36.00 and set a “buy” rating for the company in a report on Tuesday, October 29th. JPMorgan Chase & Co. reduced their price objective on shares of Amkor Technology from $48.00 to $42.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Melius cut shares of Amkor Technology from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $34.00 to $30.00 in a research note on Monday, January 6th. StockNews.com lowered shares of Amkor Technology from a “buy” rating to a “hold” rating in a research note on Tuesday, October 29th. Finally, KeyCorp dropped their price target on Amkor Technology from $38.00 to $34.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $35.50.

Amkor Technology Trading Up 1.8 %

NASDAQ AMKR opened at $25.91 on Tuesday. The firm’s 50 day moving average price is $26.10 and its two-hundred day moving average price is $30.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.84 and a current ratio of 2.06. Amkor Technology, Inc. has a twelve month low of $24.10 and a twelve month high of $44.86. The stock has a market cap of $6.39 billion, a price-to-earnings ratio of 17.51 and a beta of 1.83.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings results on Monday, October 28th. The semiconductor company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.01). The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a net margin of 5.68% and a return on equity of 8.98%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.54 EPS. Equities analysts anticipate that Amkor Technology, Inc. will post 1.38 EPS for the current year.

Amkor Technology Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 4th were given a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.28%. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date was Wednesday, December 4th. Amkor Technology’s dividend payout ratio is 22.30%.

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.