LSV Asset Management lifted its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 2.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,476,783 shares of the semiconductor company’s stock after acquiring an additional 237,311 shares during the quarter. LSV Asset Management owned approximately 3.55% of Amkor Technology worth $82,818,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Amkor Technology by 14.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 12,977,833 shares of the semiconductor company’s stock worth $150,410,000 after acquiring an additional 1,641,388 shares during the period. Vanguard Group Inc. boosted its stake in shares of Amkor Technology by 37.1% during the 1st quarter. Vanguard Group Inc. now owns 12,883,640 shares of the semiconductor company’s stock worth $149,322,000 after acquiring an additional 3,486,502 shares during the period. BlackRock Inc. boosted its stake in shares of Amkor Technology by 10,955.1% during the 1st quarter. BlackRock Inc. now owns 8,051,191 shares of the semiconductor company’s stock worth $93,313,000 after acquiring an additional 7,978,363 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Amkor Technology by 33.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,739,703 shares of the semiconductor company’s stock worth $26,767,000 after acquiring an additional 685,839 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of Amkor Technology by 48.8% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 1,468,118 shares of the semiconductor company’s stock worth $17,016,000 after acquiring an additional 481,544 shares during the period. Institutional investors own 38.69% of the company’s stock.

Shares of Amkor Technology, Inc. (AMKR) opened at 8.95 on Friday. The company has a market capitalization of $2.14 billion, a P/E ratio of 8.08 and a beta of 2.59. The company has a 50-day moving average price of $9.22 and a 200 day moving average price of $10.56. Amkor Technology, Inc. has a 1-year low of $8.32 and a 1-year high of $12.48.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data on Monday, July 31st. The semiconductor company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03. Amkor Technology had a return on equity of 12.95% and a net margin of 6.63%. The business had revenue of $989 million during the quarter, compared to analyst estimates of $996.10 million. During the same period in the prior year, the company earned $0.02 earnings per share. Amkor Technology’s revenue was up 7.9% compared to the same quarter last year. Equities research analysts anticipate that Amkor Technology, Inc. will post $0.54 EPS for the current year.

Several analysts recently issued reports on AMKR shares. Deutsche Bank AG restated a “hold” rating and issued a $10.50 price target (down from $12.00) on shares of Amkor Technology in a research note on Tuesday, August 1st. BidaskClub downgraded Amkor Technology from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th. ValuEngine upgraded Amkor Technology from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, Zacks Investment Research downgraded Amkor Technology from a “buy” rating to a “hold” rating in a research note on Friday, June 23rd. Three equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. Amkor Technology currently has a consensus rating of “Buy” and a consensus price target of $12.25.

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Amkor Technology Company Profile

Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The Company’s packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology; size, thickness and electrical, and mechanical and thermal performance.

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Institutional Ownership by Quarter for Amkor Technology (NASDAQ:AMKR)

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