Great West Life Assurance Co. Can continued to hold its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,740 shares of the semiconductor company’s stock at the end of the 2nd quarter. Great West Life Assurance Co. Can’s holdings in Amkor Technology were worth $124,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of AMKR. BlackRock Inc. grew its stake in shares of Amkor Technology by 10,955.1% in the 1st quarter. BlackRock Inc. now owns 8,051,191 shares of the semiconductor company’s stock valued at $93,313,000 after buying an additional 7,978,363 shares during the period. Vanguard Group Inc. grew its stake in shares of Amkor Technology by 37.1% in the 1st quarter. Vanguard Group Inc. now owns 12,883,640 shares of the semiconductor company’s stock valued at $149,322,000 after buying an additional 3,486,502 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Amkor Technology by 14.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 12,977,833 shares of the semiconductor company’s stock valued at $150,410,000 after buying an additional 1,641,388 shares during the period. Gotham Asset Management LLC grew its stake in shares of Amkor Technology by 777.1% in the 1st quarter. Gotham Asset Management LLC now owns 1,006,361 shares of the semiconductor company’s stock valued at $11,664,000 after buying an additional 891,625 shares during the period. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Amkor Technology in the 1st quarter valued at about $7,589,000. Institutional investors own 38.69% of the company’s stock.

Several analysts have recently commented on AMKR shares. BidaskClub downgraded Amkor Technology from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 14th. ValuEngine upgraded Amkor Technology from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Deutsche Bank AG restated a “hold” rating and issued a $10.50 target price (down from $12.00) on shares of Amkor Technology in a research note on Tuesday, August 1st. Finally, Zacks Investment Research downgraded Amkor Technology from a “buy” rating to a “hold” rating in a research note on Friday, June 23rd. Three analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $12.25.

Shares of Amkor Technology, Inc. (NASDAQ:AMKR) opened at 9.65 on Monday. The firm has a market capitalization of $2.31 billion, a P/E ratio of 8.71 and a beta of 2.59. Amkor Technology, Inc. has a 52 week low of $8.32 and a 52 week high of $12.48. The stock has a 50 day moving average price of $8.99 and a 200 day moving average price of $10.53.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings results on Monday, July 31st. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. Amkor Technology had a net margin of 6.63% and a return on equity of 12.95%. The company had revenue of $989.00 million for the quarter, compared to analysts’ expectations of $996.10 million. During the same quarter in the previous year, the company earned $0.02 earnings per share. Amkor Technology’s quarterly revenue was up 7.9% on a year-over-year basis. Analysts forecast that Amkor Technology, Inc. will post $0.54 EPS for the current year.

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About Amkor Technology

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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