Royal Bank of Canada lowered its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 89.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,159 shares of the semiconductor company’s stock after selling 133,329 shares during the period. Royal Bank of Canada’s holdings in Amkor Technology were worth $158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its holdings in shares of Amkor Technology by 7.6% in the second quarter. Dimensional Fund Advisors LP now owns 13,969,724 shares of the semiconductor company’s stock valued at $136,485,000 after purchasing an additional 991,891 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Amkor Technology by 3.1% in the second quarter. Vanguard Group Inc. now owns 13,289,262 shares of the semiconductor company’s stock valued at $129,836,000 after purchasing an additional 405,622 shares in the last quarter. LSV Asset Management grew its holdings in shares of Amkor Technology by 2.9% in the second quarter. LSV Asset Management now owns 8,476,783 shares of the semiconductor company’s stock valued at $82,818,000 after purchasing an additional 237,311 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Amkor Technology by 10,955.1% in the first quarter. BlackRock Inc. now owns 8,051,191 shares of the semiconductor company’s stock valued at $93,313,000 after purchasing an additional 7,978,363 shares in the last quarter. Finally, AJO LP grew its holdings in shares of Amkor Technology by 313.9% in the second quarter. AJO LP now owns 5,119,841 shares of the semiconductor company’s stock valued at $50,021,000 after purchasing an additional 3,882,836 shares in the last quarter. Hedge funds and other institutional investors own 38.58% of the company’s stock.

Amkor Technology, Inc. (AMKR) opened at $11.50 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.92 and a current ratio of 1.16. The company has a market cap of $2,751.72, a price-to-earnings ratio of 15.33 and a beta of 2.70. Amkor Technology, Inc. has a one year low of $8.32 and a one year high of $12.48.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, October 30th. The semiconductor company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.20 by $0.03. The company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.08 billion. Amkor Technology had a net margin of 6.41% and a return on equity of 12.04%. Amkor Technology’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.25 earnings per share. equities analysts anticipate that Amkor Technology, Inc. will post 0.51 EPS for the current fiscal year.

A number of research firms recently weighed in on AMKR. Zacks Investment Research lowered shares of Amkor Technology from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. BidaskClub lowered shares of Amkor Technology from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. ValuEngine raised shares of Amkor Technology from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $10.50 target price (down from $12.00) on shares of Amkor Technology in a report on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $10.50.

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Amkor Technology 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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